CG Principle

The Board of Directors always emphasizes and expects to raise the Company corporate governance to international level because it can increase efficiency and effectiveness in the administration and can lead to fair practice of all parties.

In 2017, the Board of Directors has developed numerous things about the Company corporate governance as follows.

  1. Anti-Corruption (Detailed in Topic 3 – Anti-Corruption)
    • The Company has arranged anti-corruption training regularly in order to provide all employees with the knowledge and understanding about the anticorruption policy and good practices.
    • The Company has revised anti-corruption policy which is approved by the Board of Directors’ meeting #6/2017 dated November 13th, 2017 and is announced for implementation details as posted on the Company’s website.
  2. Revised the term of protection to staff who informs any clues of corruptions or misconduct to the legal, Company’s rules & ethics (Whistleblower Policy) and had been approved by the Board of Directors’ meeting #6/2017 dated November 13th, 2017 and is announced for implementation details as posted on the Company’s website.
  3. Revised the Terms of Ethics and Code of Conduct for Directors and Employees (Revision 1/2017) to conduct in line with national and international standard to be sufficient, up-to-date and conform to the changing situation, and Code of Conduct for Directors and Employees was approved by the Board of Directors meeting No.1/2017 on February 22nd, 2017 and was published on the Company’s website.
  4. Excellent CG Scoring (5 Stars) from the result of Corporate Governance Report 2017 survey by IOD
  5. Received Thailand Sustainability Investment 2017 Award from the Stock Exchange of Thailand
  6. Received Rising Star award from SET Sustainability Awards 2017 by the Stock Exchange of Thailand
  7. Received Full Score (100 Points) from the result of the quality evaluation of the Company’s 2017 Annual General Meeting of Shareholder
  8. Received Best CEO Awards (CEO of company listed on mai) from SET Awards 2017 by the Stock Exchange of Thailand
  9. Received Best Company Performance Awards Company Listed on mai from SET Awards 2017 by the Stock Exchange of Thailand
  10. Received Outstanding Company Performance Awards Company Listed on mai from SET Awards 2017 by the Stock Exchange of Thailand
  11. Received CEO of Company Listed on mai from SET Awards 2017 by the Stock Exchange of Thailand
  12. Received Continuing Professional Development (CPD) 2017 by Council of Engineers

Besides the good corporate governance practices, there are 5 more sections that the Company has been performed including the rights of shareholders, equitable treatment of shareholders, roles of stakeholders, transparency, and board responsibilities. Each section is explained as follows;