and Exchange Act will not send person or agents to be directors, management or controlling person. As a result, the management and internal control of the Company remain unchanged. The Company and VAVA
- wide, as well as good corporate governance. All of the above endeavors and satisfactory operating performance, together with sound corporate governance, allowed KBank and K Companies to meet business
reduced Market GRM, following the decline in refinery production volume due to the TAM, as well as a decrease in average Gasoline/Dubai crack spread and Fuel oil/Dubai crack spread, and the rise in crude
” and making KBank the Customers’ Main Bank for all eight customer segments, we focus on creating innovations and managing financial products, as well as reinforcing our sales and service quality
supervision in segments other than car title loan. KBank has improved policies, processes, and operational systems to accommodate and comply with relevant regulations, as well as will closely monitoring on new
opportunity for such a debtor’s business to return to normal operation more expeditiously. KBank has studied and analyzed the impact of this new law, and has proposed recommendations as well as having conducted
regulations which will take effect in 2020, especially the Thai Financial Reporting Standards (TFRS9), and capital requirements, as well as other additional measures intended to mitigate the household debt
Culture), while Political & Regulatory is remained unchanged. Thailand fared very well in Accounting and Auditing (IGAAP), moving from 73 percent to 80 percent. Thailand is ranked the second following only
as those of the auditors. Being well aware of this fact, the SEC has regularly communicated and emphasized this matter to the stakeholders through various kinds of activities. For example, the SEC
economic development while improving the quality of life of the workforce and their families as well as of the local community and society at large. (WBCSD Stakeholder Dialogue on CSR, The Netherlands, Sept