Company Information

SCOPE OF DUTIES AND RESPONSIBILITIES OF THE CHIEF EXECUTIVE OFFICER (CEO)
  1. The Chief Executive Officer (CEO) holds the authority to administrate the business following the policies determined by the Board of Directors or Executive Committee. The Chairman is to report the operation report to the company’s Board of Directors or Executive Committee respectively.
  2. The CEO is in charge of annual budget consideration, including annual expense of each department, to present to Executive Committee for an approval.
  3. Consider and evaluate the business operation regularly in order to prevent the possible risks from internal or external factors.
  4. The CEO has an authority to determine command, regulation, announcement, or memorandum for achieving the goals of the Board of Directors or Executive Committee, or for the Company’s benefits.
  5. Consider and approve of the purchases and expenses concerning the Company’s operation, administration, investment to follow the Board of Directions or Executive Committee’s permission within the credit limit.
  6. Consider the right(s) and asset(s) of the Company when it comes to the obligations with any person, company, or financial institute, and present to Executive Committee for an approval.
  7. Investigate the profits and losses, interim and annual dividend payment before receiving an approval from the Board of Directors.
  8. Manage any actions to support the Company’s administration.
  9. Control, supervise, and follow up the administration of subsidiaries’ managing directors.

However, the Chief Executive Officer (CEO) is under the supervision of Executive Committee and is to implement along the determined policies.

Furthermore, the CEO’s operation must not approve any action that is able to cause the conflicts or interests to persons, the Company, or subsidiaries (according to the announcement of the Securities and Exchange Commission or of the Capital Market Supervisory Board). This is except the approval depending on the policies and principles determined by the Company’s Board of Directors or the shareholders’ meeting.

The Company’s Board of Directors is authorized to change and amend the scope of duties and authority of the Managing Director as deemed necessary or appropriate.

SCOPE OF THE DUTIES AND RESPONSIBILITIES OF THE MANAGING DIRECTOR
  1. The Managing Director is authorized to supervise the Company’s management to comply with the policies determined by the Board of Directors or the Executive Committee and to report the outcomes to the Company’s Board of Directors or the Executive Committee respectively
  2. Consider the allocation of annual budget produced by the Management team to submit to the Executive Committee for approval as well as monitor the disbursements of annual budget of each agency
  3. Evaluate the Company’s performance regularly to prevent the risks from internal and external factors
  4. The Managing Director is authorized to issue orders, rules, announcement and memorandum to ensure that the operations comply with the policies of the Company’s Board of Directors or the Executive Committee or for the best interests of the Company
  5. The Managing Director is authorized to approve the purchases and expenses related to normal operations of the Company. The Managing Director is to ensure that expenses in operation, administration and investment are within and according to the budget approved by the Company’s Board of Directors or the Executive Committee following the Summary Table of General Approval Authority announced
  6. Consider the issue of binding the Company’s right(s) and property with an individual, company, shop or a financial institution and submit to the Executive Committee for approval
  7. Act to support the Company’s operations

The Managing Director is under the jurisdiction of and directly accountable to the Chief Executive Officer. The Managing Director is to act according to the ways and policies determined by the Chief Executive Officer.

Furthermore, the Chief Executive Officer’s operation must not approve any action that is able to cause the conflicts or interests to persons, the Company, or subsidiaries (according to the announcement of the Securities and Exchange Commission or of the Capital Market Supervisory Board). This is except the approval depending on the policies and principles determined by the Company’s Board of Directors or the shareholders’ meeting.

The Company’s Board of Directors is authorized to change and amend the scope of duties and authority of the Managing Director as deemed necessary or appropriate.

COMPONENTS AND THE RECRUITMENT OF THE CHIEF EXECUTIVE OFFICER (CEO)

Chief Executive Officer (CEO) is nominated from the proposal of Executive Committee. Person who is nominated must be a member of Executive Committee during the selection period in order to present to the Board of Directors for the approval.

COMPONENTS AND THE RECRUITMENT OF THE MANAGING DIRECTOR

The Managing Director is nominated by the Executive Committee by selecting from the members of the Executive Committee. The selection is to be submitted to the Company’s Board of Directors for approval and appointment of the nominated person as the Managing Director. The Managing Director’s term is 4 years.

UNDER CONSTRUCTION