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
arrangements. We refer to both non-executive and independent non-executive directors (also known as ‘outside directors’) throughout the Principles. This recognises the different approaches to board composition
Limited (RPCL) as Independent Power Producer (IPP) has a declining revenue trend. The company’s net profit in Q4/2018 was Baht 486 million, decreased by Baht 413 million or 46% from Q3/2018 due to the
may be greater. As a result, the company is required to disclose information memorandum pertaining to the transaction to the Stock Exchange of Thailand, together with appointing an Independent Financial
of offerings in connection with a merger or termination of Hong Kong Covered Fund)12 or (2) at least three months’ notice (in the case of cessation of offerings other than in connection with a merger
offering; (b) change in par value resulting in an increase or decrease in the amount of shares; (c) redemption of securities; (d) amalgamation, merger or takeover by making a tender offer; (e) distribution
par value resulting in an increase or decrease in the amount of shares; (c) redemption of securities; (d) amalgamation, merger or takeover by making a tender offer; (e) distribution of share dividends
and merger, etc.; (7) action to be taken by the issuer of depositary receipts in the case of any event rendering that it is unable to arrange for foreign securities that are sufficient to the depositary
made by the independent appraiser whose name appears in the office of Securities and Exchange Commission’s approved listed. 6. Purpose of transaction : In order to drill a pond to be sufficient for