Ref. OBD. 069/2010
December 16th, 2010
Re: Notification of the ending of submission period of the objections to the resolution for the Company's capital reduction
Attn: President The Stock Exchange of Thailand
As the Extraordinary General Meeting of Shareholders No. 1/2010 of Seamico Securities Public Company Limited ("the Company") passed the resolution to reduce its registered and paid-up capital from Baht 833,895,131 to Baht 416,947,565.50 by way of reducing the par value of the shares from Baht 1 per share to Baht 0.50 per share, Section 141 of the Public Limited Companies Act B.E. 2535 (as amended) stipulates that the Company shall in writing notify the known creditors of the resolution for the reduction of capital within 14 days from the date on which the shareholders meeting passes such resolution and shall specify in the notification that any objection thereto shall be submitted within 2 months from the date on which the creditors receive the notice of such resolution.
Please be informed that the Company has delivered the notice of the resolution for the reduction of capital to the creditors of the Company on October 12th, 2010 and the period for the creditors of the Company to object to such resolution has ended on December 15th, 2010 and there was no objection against the capital decrease from the Company's creditors. Further to this, the Company will submit the application to register the reduction of registered and paid-up capital of the Company to the Department of Business Development, Ministry of Commerce, as well as take any other action as prescribed by the law.
Please be informed accordingly.
(Mr. Chaipatr Srivisarvacha)
Executive Chairman and Chief Executive Officer