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...
Necessity and Details of the Transaction The effect of the global financial crisis in 2008 on the steel production industry, which resulted in a substantial decline in global demand for hot rolled steel
resulted in a substantial decline in global demand for hot rolled steel, combined with other issues and debts from past to present, have put the Company in another financial crisis. From the continuing
Market Supervisory Board. The allocation of the newly issued shares to the specific investors (Private Placement) is significant matter; the Company then prepares this substantial information memorandum
Placement) is significant matter; the Company then prepares this substantial information memorandum for the shareholders’ consideration according to the Capital Market Supervisory Board No. Tor Chor. 73/2558
acknowledges the importance of ethical and fair trade competition and has always complied with the relevant laws. 5 Therefore, this legislation is not expected to have any substantial impact on KBank’s business
applied to the sale of investment monies. Such disposal of assets constitutes a sale or transfer of the whole or substantial parts of the business of the Company to other persons, subject to Section 107(2