Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand JANUARY 2013 Report on the Observance of Standards and Codes (ROSC) CORPORATE GOVERNANCE COUNTRY ASSESSMENT Thailand January 2013 Acknowledgements This assessment of corporate governance in Thailand has been prepared by David Robinett, Ratchada Anantavrasilpa, and Catherine Hickey of the World Bank Global Capital Markets Practice, as part of the Reports on Observance of Standards and Codes Pro...

due to the limitation on auditing by the company?s executives on the matters concerning the company and its subsidiaries? failures to appraise the fair value of land, constructions and equipments. In

investors to carefully and prudently study the information from the complete version of summarized significant features of securities (Fact Sheet) to clearly understand the product and appraise own risk

diligence of the business unit is currently undertaken to evaluate the pricing. o Increasing in the amount of THB 15.30 million due to grouping of machinery and equipment of energy crops business unit which

goodwill and for those investments in subsidiaries, (2) to assess the impairment loss for other assets, apart from goodwill in the consolidated financial statements, such as property, plant and equipment

executives; (2) evaluate the performance of the board of directors and executives. Clause 9 Derivatives clearing houses shall take at least the following actions with respect to organizational structuring: (1

the company and its subsidiaries? failures to appraise the fair value of fixed assets in order to determine their realization value as well as the auditor?s dissatisfaction by means of other audit

and purchase date in the amount of THB 125 million. Ref. WINNER 0009/20108 Page 7 of 8 7. Basis used to determine value of consideration The Company appointed Financial Advisor to evaluate the

appointed Financial Advisor to evaluate the appropriated At-Ze’s assets value by using Discounted Free Cash Flow Method-Free Cash Flows to Firm. Total value of consideration is same value as negotiation in

date in the amount of THB 125 million. 7. Basis used to determine value of consideration The Company appointed Genetic Wealth Company Limited as Company’s Financial Advisor to evaluate the appropriated