(Report Form 56-1) for the Year 2009
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(Translation) Annual Registration Statement (Report form 56-1) For the Year 2009 True Corporation Public Company Limited Contents Topic - Page Part I 1. Corporate Information 1.1 Information of True Corporation Public Company Limited 1 - 1 1.2 Information of its subsidiaries, associated companies and other investments 1 - 2 1.3 References 1 - 8 2. Risk Factors 2 - 1 3. Nature of Business 3 - 1 4. Details of each Business Line 4.1 Products and Services 4 - 1 4.2 Marketing Strategy 4 - 16 4.3 Distribution and sales 4 - 16 4.4 Procurement of Products and Services 4 - 17 4.5 Thai Telecom Industry 4 - 18 4.6 Regulatory update 4 - 22 5. Operating Assets 5 - 1 6. Legal Disputes 6 - 1 7. Capital Structure 7.1 Company’s Securities 7 - 1 7.2 Shareholders 7 - 12 7.3 Dividend Policy 7 - 13 7.4 Liabilities Structure 7 - 13 8. Management 8.1 Management Structure 8 - 1 8.2 Election of Directors 8 - 6 8.3 Remuneration of the Company’s Directors and the Executive Officers 8 - 9 8.4 Corporate Governance Report 8 - 12 8.5 Insider Trading Policy 8 - 24 8.6 Personnel 8 - 24 9. Internal Controls 9 - 1 10. Connected Transactions 10 - 1 11. Financial Status and Performance 11.1 Summary of Financial Statements 11 - 1 11.2 Management’s Discussion and Analysis 11 - 6 11.3 Auditor 11 - 23 11.4 Audit Fees 11 - 23 12. Other Related Information 12 - 1 Part II Acknowledgement of the correctness of the information 1 Appendix 1: Information of Directors and Executive Officers 1 Appendix 2: Information of Directors of Subsidiaries/Associated Companies 1 True Corporation Public Company Limited Annual Registration Statements (Report Form 56-1) PART I 1. CORPORATE INFORMATION 1.1 Information of True Corporation Public Company Limited True Corporation Public Company Limited (the “Company”), with the security symbol “TRUE” on the Stock Exchange of Thailand, was established on 13th November 1990 initially under the name of CP Telecommunication Co., Ltd. with authorized capital of Baht 1,000 million to undertake a major telecommunication infrastructure project, and registered as a public company limited on 11th February 1993. The Public Company Registration No. 0107536000081 As at 31st December 2009, the Company’s authorized capital is Baht 153,332,070,330.- consisting of 14,633,873,051 ordinary shares with a par value of Baht 10 per share and 699,333,982 preference shares with a par value of Baht 10 per share. The Company’s paid-up capital is Baht 77,757,424,030.- comprising of 7,076,408,421 ordinary shares with a par value of Baht 10 per share and 699,333,982 preference shares with a par value of Baht 10 per share. The Company’s head office is located at: 18 True Tower, Ratchadapisek Road, Huai Khwang, Bangkok 10310 Telephone: (662) 643-1111 Fax: (662) 643-1651 Website: www.truecorp.co.th In this Form 56-1, “TRUE”, “Company”, “Affiliates”, and “Subsidiaries” refer to True Corporation Public Company Limited and/or its affiliates and/or its subsidiaries. In case of uncertainty of which company is responsible or execute and of which businesses appeared in the Form 56-1, you may send your questions to IR Office True Corporation Public Company Limited 18 True Tower, Ratchadapisek Road, Huai Khwang, Bangkok 10310 Telephone 66 (0) 2699-2515 Fax 66 (0) 2643-0515 E-mail: [email protected] Part I TRUEEC: Corporate Information Topic 1 - Page 1 True Corporation Public Company Limited Annual Registration Statements (Report Form 56-1) 1.2 Information of its subsidiaries, associated companies and other investments Company Name Address Type of Paid-up Capital % of Business investment Asia DBS Public Company 18 True Tower, DBS system THB 100 million divided 89.99 Limited Ratchadapisek Road, operator into 10 million ordinary Huai Khwang, shares with a par value Bangkok 10310 of Baht 10 each and fully Tel. (662) 643-1111 paid up. Fax. (662) 643-1651 Asia Infonet Company 1 Fortune Town, Internet THB 15 million divided 65.00 Limited 14th, 17th Floors, services into 1.5 million ordinary Ratchadapisek Road, provider shares with a par value Din Dang, Bangkok 10400 of Baht 10 each and fully Tel. (662) 641-1800 paid up. Asia Wireless Communication 18 True Tower, PCT operator THB 10,441.85 million 99.99 Company Limited Ratchadapisek Road, divided into 1,044.18 Huai Khwang, million ordinary shares Bangkok 10310 with a par value of Baht Tel. (662) 643-1111 10 each and fully paid up. Fax. (662) 643-1651 Bangkok Inter Teletech 18 True Tower, Holding THB 82,678 million 98.91 Public Company Limited Ratchadapisek Road, Company divided into 33,071 million Huai Khwang, ordinary shares with a par Bangkok 10310 value of Baht 2.50 each Tel. (662) 643-1111 and fully paid up. Fax. (662) 643-1651 BeboydCg Company Limited 18 True Tower, Production of THB 16.52 million divided 70.00 Ratchadapisek Road, animation into 1.65 million ordinary Huai Khwang, shares with a par value Bangkok 10310 of Baht 10 each and fully Tel. (662) 643-1111 paid up. Fax. (662) 643-1651 Cineplex Company Limited 118/1 Tipco Tower, Program THB 1,283.43 million 91.79 Rama VI Road, production divided into 128.34 million Samsen Nai, Phayathai, ordinary shares with a par Bangkok 10400 value of Baht 10 each and Tel. (662) 615-9000 fully paid up. Fax. (662) 615-9900 Click TV Company Limited 118/1 Tipco Tower, Interactive THB 46 million divided 91.79 Rama VI Road, TV business into 4.6 million ordinary Samsen Nai, Phayathai, shares with a par value Bangkok 10400 of Baht 10 each and fully Tel. (662) 615-9000 paid up. Fax. (662) 615-9900 Channel [V] Music (Thailand) 118/1 Tipco Tower, Music and THB 110 million divided 23.87 Company Limited Rama VI Road, sound into 1.1 million ordinary Samsen Nai, Phayathai, shares with a par value Bangkok 10400 of Baht 100 each and fully Tel. (662) 615-9000 paid up. Fax. (662) 615-9900 Part I TRUEEC: Corporate Information Topic 1 - Page 2 True Corporation Public Company Limited Annual Registration Statements (Report Form 56-1) Company Name Address Type of Paid-up Capital % of Business investment IBC Symphony Company 118/1 Tipco Tower, Dormant THB 30 million divided 91.79 Limited Rama VI Road, into 3 million ordinary Samsen Nai, Phayathai, shares with a par value Bangkok 10400 of Baht 10 each and fully Tel. (662) 615-9000 paid up. Fax. (662) 615-9900 Internet Knowledge Service 2/4 Siam Commercial, Non- THB 50 million divided 56.93 Center Company Limited Samaggi Insurance tower, government into 12 million ordinary 10th Floor, telecommuni shares with a par value Vibhavadee-Rangsit Road, -cation of Baht 10 each, 2.67 Thungsonghong, Laksi, services ordinary shares fully Bangkok 10210 paid up and 9.33 ordinary Tel. (662) 979-7000 shares call-up Baht 2.50 each K.I.N. (Thailand) Company 18 True Tower, Holding THB 352.50 million 99.99 Limited Ratchadapisek Road, Company divided into 11.75 million Huai Khwang, ordinary shares with a par Bangkok 10310 value of Baht 30 each and Tel. (662) 643-1111 fully paid up. Fax. (662) 643-1651 KSC Commercial Internet 2/4 Siam Commercial, Internet THB 153 million divided 56.83 Company Limited Samaggi Insurance tower, services into 15.30 million ordinary 10th Floor, provider shares with a par value Vibhavadee-Rangsit Road, of Baht 10 each and fully Thungsonghong, Laksi, paid up. Bangkok 10210 Tel. (662) 979-7000 MKSC World Dot Com 2/4 Siam Commercial, Internet THB 200,000 divided into 91.05 Company Limited Samaggi Insurance tower, services and 9,800 ordinary shares 10th Floor, distributor with a par value of Baht Vibhavadee-Rangsit Road, 10 each and 10,200 Thungsonghong, Laksi, preference shares with a Bangkok 10210 par value of Baht 10 each Tel. (662) 979-7000 and fully paid up. Panther Entertainment 118/1 Tipco Tower, Artist THB 25 million divided into 91.79 Company Limited Rama VI Road, management 2.5 million ordinary shares Samsen Nai, Phayathai, and related with a par value of Baht 10 Bangkok 10400 business each and fully paid up. Tel. (662) 725-7400 Fax. (662) 725-7401 Samut Pakan Media 18 True Tower, Telecommuni THB 1 million divided into 98.85 Corporation Company Ratchadapisek Road, -cation 10,000 ordinary shares Limited Huai Khwang, services with a par value of Baht Bangkok 10310 100 each and fully Tel. (662) 643-1111 paid up. Fax. (662) 643-1651 Sattellite Service Company 118/1 Tipco Tower, Sales and THB 2,880 million divided 91.79 Limited Rama VI Road, rental of into 480 million ordinary Samsen Nai, Phayathai, equipment shares with a par value Bangkok 10400 related to of Baht 6 each and fully Tel. (662) 615-9000 Pay paid up. Fax. (662) 615-9900 Television Part I TRUEEC: Corporate Information Topic 1 - Page 3 True Corporation Public Company Limited Annual Registration Statements (Report Form 56-1) Company Name Address Type of Paid-up Capital % of Business investment Song Dao Company Limited 18 True Tower, Collection THB 1 million divided into 98.84 Ratchadapisek Road, agent 10,000 ordinary shares Huai Khwang, with a par value of Baht Bangkok 10310 100 each and fully Tel. (662) 643-1111 paid up. Fax. (662) 643-1651 Tele Engineering and 18 True Tower, Content THB 25 million divided 99.99 Services Company Limited Ratchadapisek Road, provider into 2.5 million ordinary Huai Khwang, shares with a par value Bangkok 10310 of Baht 10 each and fully Tel.