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credit ratings. Except for a credit rating that clearly indicates it does not entail ongoing surveillance, once a credit rating is published, the CRA should monitor the credit rating on an ongoing basis by

ผลการดำเนินงานของกองทุนและ การปฏิบัติหน้าที่ของผู้ที่เกี่ยวข้องกับกองทุน (duty to monitor) ว่าได้ปฏิบัติหน้าที่เป็นไปตามที่ตกลงกันไว้หรือไม่ บทบาทที่กล่าวข้างต้นเป็นเรื่องที่คณะกรรมการกองทุนจำเป็นที่จะ

tasks under its responsibilities to any person, such delegation shall be stated clearly together with the trust manager’s duty to diligently select the delegate, supervise and monitor such delegate. In

appoint one of the independent directors to act as the chairman of the meeting who will be entitled to have casting vote and resolve the tied votes accordingly. b) to follow any resolution or advice given

13,084 million, decreased from December 31, 2017 by THB 1,451 million due to reasons as follow - a decrease in current assets of THB 2,249 million, which was mainly due to the lower account receivable of

lower risk from 2017 as follow: DuPont Analysis 2016 2017 2018 Return on Equity or ROE 15 (%) 16.26 14.55 8.37 Operating Profit Margin 12 (%) 11.74 12.12 8.29 Total Assets Turnover 18 (times) 1.09 1.03

2018 as follow: DuPont Analysis 2017 2018 2019 Return on Equity or ROE 15 (%) 14.55 8.37 9.08 Operating Profit Margin 12 (%) 12.12 8.29 9.13 Total Assets Turnover 18 (times) 1.03 0.96 0.93 Equity

.) as follow: no Item Book Value as of 30 Sep 2017 (THB Million) Fair Value (Nov 2017) (THB Million) 1 Land (2 plots with title deeds no. 2182 and 3802 having total area of 23 rai, 32 Sq.wah.) and

higher efficiency in profit generation; whilst, lower asset utilization and lower risk from 2016 as follow: DuPont Analysis 2015 2016 2017 Return on Equity or ROE 15 (%) 13.15 16.26 15.24 Operating Profit