INDEPENDENT AUDIT INSPECTION ACTIVITIES REPORT 2020 SECURITIES AND EXCHANGE COMMISSION, THAILAND Contents Executive Summary 01 04 08 15 28 58 62 70 47 Quality Assurance Review Panel Activities for Enhancing Financial Reporting Quality Summary of Audit Inspection Results A. Firm-Level B. Engagement-Level Root Cause Analysis Framework and Focuses in 2021 Essential Statistics Auditing Landscape in Thailand Executive Summary Over the past year, the Thai capital market experienced tremendous volatili...

months, there is one transaction occurring from Mitrprasong Powerplant of 6.00%, thus total accumulated transaction size during the past six months is 11.67%. This transaction is not considered as a

accounts. The Company’s Board of Directors has considered and resolved that the price of the investment disposition was appropriate. Summary of SBITO’s financial statements as of September 30, 2017 are as

of transaction This transaction was not considered as a material transaction of disposal of Asset according to the Notification of the Capital Market Supervisory Board No.Tor.Chor 20/2551 Re : Rules on

transaction’s total value. 4.1 Transaction value: The discount to the water tariff given to the PWA is considered a connected transaction categorized as a normal business transaction without general trading

would not be in time for use. Karmarts Public Company Limited as a shareholder of The Iconic Property Company Limited, therefore, considered giving loans from Karmarts Public Company Limited whose cash

disposition to the aforementioned 6 purchasers pursuant to the resolution approved in the Meeting. The Company’s Board of Directors (excluding interested director) has considered that the entry into the

less than 3% of net tangible assets (“NTA”) based on the Company’s Consolidated Financial Statement as of March 31, 2019. The size of transaction is considered as a medium size. Therefore, the Company is

is more than 0.03% but less than 3% of net tangible assets (“NTA”) based on the Company’s Consolidated Financial Statement as of March 31, 2019. The size of transaction is considered as a medium size

into the Office Lease Agreement with Phahol 8 Co., Ltd., which has Mr. Chatchai Teepsuwan and Mr. Kamolaphat Teepsuwan being the Directors of the company. The execution of such agreement is considered as