KBank is ready to hold AGM on April 2 with strict COVID-19 preventive measures implemented.

Stocks and Financial Services Press Releases Friday March 20, 2020 15:04
Bangkok--20 Mar--KASIKORNBANK

KASIKORNBANK (KBank) has confirmed that the General Meeting of Shareholders will be held on April 2 with stringent preventive measures against COVID-19 implemented in accordance with public health standards. Participants are recommended to arrive at the venue early, as they will have to undergo a screening process of several steps which include body temperature measurement, filling out a self-examination form, wearing a face mask and being seated with appropriate social distancing. Shareholders who are unable to attend the meeting may appoint Independent Directors or the Chairman of the Board as their proxies.

Dr. Adit Laixuthai, Corporate Secretary and Senior Executive Vice President, said that KBank is ready to hold the General Meeting of Shareholders of KASIKORNBANK PUBLIC COMPANY LIMITED No. 108, scheduled for Thursday, April 2, 2020 at 2 p.m. (AGM), at the Bank’s Rat Burana Head Office Building, whereby a Notice has been delivered to all shareholders and posted on the Bank’s website.

Amid the rapid spread of the COVID-19outbreak, KBank has prioritized the implementation of the most stringent measures for screening participants in accordance with the public health standards of the Department of Disease Control, Ministry of Public Health, for the well-being and safety of all shareholders.

As for shareholders who intend to participate in the Meeting in-person, the Bank requests all of them to strictly follow the disease control procedures, as below:

All AGM participants must go through thermoscan cameras at screening points of the Rat Burana building’s main entrance, and before boarding the vans prepared by the Bank. Anyone who has a body temperature of 37.5 degrees Celsius or higher will not be allowed to board the vans or enter the building.All participants must fill out self-examination forms before entering the building and boarding the vans in order to reach the building. In cases where the participants including their persons in close contact have been traveling to or transiting via countries associated with high risk or subject to surveillance according to the announcements of the Ministry of Public Health, or are showing some symptoms, such as a high fever, coughing, sneezing, and/or having a runny nose, they will be denied entry to the Meeting Room in all circumstances. The Bank asks for the cooperation of all participants to strictly follow the medical advice given by the officers at the screening points.Participants must be seated as arranged by the Bank, with safe and appropriate social distancing, by alternating rows and leaving two seats free on both sides, which will significantly reduce the number of seats available in the Meeting Room. Participants who arrive early will be given seating priority, and once the seats are fully occupied, no more participants will be allowed to enter the Meeting Room. The Bank offers its apology for any inconvenience that may occur on the day of the Meeting.All participants must wear a face mask at all times while attending the Meeting, and clean their hands with alcohol gel, provided by the Bank at several points.

To comply with the policies and guidelines of the Securities and Exchange Commission (SEC) on the organization of general meetings of shareholders, KBank will not provide gifts to attendees at our General Meeting of Shareholders.

Shareholders are requested to strictly comply with the aforesaid measures. Because the screening process at KBank’s Head Office may take longer than anticipated, shareholders are advised to arrive there earlier than would normally be scheduled. If shareholders are still concerned about risks from COVID-19 or not available to participate in the meeting, the SEC advises that they consider authorizing Independent Directors or the Chairman of the Board of Directors as their proxy holders using the Proxy Form, which has been sent to them along with the Notice of the Meeting, to attend and vote on their behalf.   Shareholders can send the completed Proxy Forms to KBank via postal mail or any KBank branch prior to the scheduled meeting. In addition, they may send questions concerning any agenda of the meeting in advance via www.kasikornbank.com, our Investor Relations, or by fax at 02-470-2690.


Latest Press Release

Fitch Affirms Ratings of Krung Thai Bank and its Securities Subsidiary

Environment", dated 2 April 2020 at https://www.fitchratings.com/research/banks/coronavirus-increases-challenges-for-thai-banks-operating-environment-02-04-2020. The duration and trajectory of the pandemic remains uncertain. As such, Fitch expects that...

Fitch Downgrades Siam Commercial Bank to 'BBB' on Coronavirus Outbreak

https://www.fitchratings.com/research/banks/coronavirus-increases-challenges-for-thai-banks-operating-environment-02-04-2020. The duration and trajectory of the coronavirus outbreak remains uncertain. As such Fitch expects that in a base case scenario,...

Fitch Downgrades KASIKORNBANK to 'BBB' on Coronavirus Outbreak

https://www.fitchratings.com/research/banks/coronavirus-increases-challenges-for-thai-banks-operating-environment-02-04-2020. Fitch's base-case scenario sees KBank's asset quality and performance being significantly affected over the next two years,...

Businesses Focus on Containing Costs and Protecting Employees, According to PwC COVID-19 CFO Pulse Survey

The second release of the PwC COVID-19 CFO Pulse Survey reveals growing concerns around the business and economic impact of the coronavirus pandemic among chief financial officers (CFOs) and finance executives. Based on responses collected from 55...

Fitch Downgrades Bangkok Bank to 'BBB' on Coronavirus Outbreak

https://www.fitchratings.com/research/banks/coronavirus-increases-challenges-for-thai-banks-operating-environment-02-04-2020. The duration and trajectory of the coronavirus outbreak remains uncertain. As such, Fitch expects BBL's asset quality and...

Related Topics