Good Corporate Governance
Policy on Corporate Governance
The Board of Directors recognized the importance to good corporate governance and is committed to conduct business with transparency, verification and adhered to the intention to conduct business with morality without corruption along with taking into account all groups of stakeholders. In the past year, the Company joined to receive the Thai Chamber of Commerce Ethics Club pin in the Celebration of Ethic Award Ceremony.
In the past year, the Board of Directors’ Meeting no. 5/2019 on 22nd May 2019, considered and reviewed the content and revised the Principles of Good Corporate Governance for the year 2012 (CG Principles) and the New Code of Conduct, which is an integration of social, environmental issues and corporate governance (environmental, social and governance: ESG). By adopting the principles of good corporate governance for the year 2017 (CG Code), criteria for the survey of corporate governance of Thai listed companies (CGR), following up and reviewing to develop the organization to have a management system that is ethical, transparent, verifiable, which helps build confidence for shareholders, investors and all stakeholders. There are some guidelines that are in the process of being prepared. Board of Directors will consider on applying the guidelines that have not been implemented once a year. (CG Code 1.4.1, 1.4.2, 3.5.1) (CG Code 1.2.3, 1.2.4)
The company adopts the principles of good corporate governance for the year 2017 (CG Code), the criteria for the survey of corporate governance of Thai listed companies (CGR) and the criteria for assessing the quality of the Annual General Shareholder Meeting (AGM) to control, follow up and review in order to develop the organization to have a management system that is ethical, transparent, verifiable, which builds confidence for shareholders, investors and all stakeholders.
Good corporate governance principles have been approved by the Board of Directors Meeting No. 5/2019 on May 22, 2019, while some guidelines are being prepared. The Board of Directors will consider reviewing once a year.
The company has disseminated knowledge about the principles of good corporate governance and business ethics to employees at all levels, from the directors, executives and all employees are informed of such guidelines through communication in each department for maximum benefit, including focusing on creating consciousness for employees since the beginning of the working through orientation along with explaining the principles and guidelines for all employees to gain knowledge and understanding and can be used as a basis for operations, as following