notifications on the rotation of auditors in the capital market to be harmonized with international requirement, with an effective date from 1 January 2019 onwards. The essence of the changing requirements can be
standards remains one of the SEC’s primary goals that continues to take precedence and focus. This is to ensure that investors will receive quality financial information and proper protection, which in turn
companies need updating. 2. Political Environments Mandatory rotation of audit firms : Introduces huge numbers of audits by ‘new’ auditors, and the tendering process is taking up a lot of the auditors
1 24 August 2020 Subject : Notification on Resolution of the Board of Directors’ Meeting No.8/2020, Appointment of Directors in Replacement of Those who will Retire by Rotation, and Addition of
result of economic situations caused business operators to increasingly perform fundraising through bond issuance, and the public in turn search for investments with higher yield that were often associated
comparable, which in turn will enable the users of financial reports to access accurate and sufficient information for making investment decisions Over the years, the SEC has been giving precedence to the
of approval for the re-appointment of (1) Dr. Damri Sukhotanang ; (2) Miss Charanya Sangsukdee; and (3) Mr. Satit Hemmondharop, who would retire by rotation to resume the position of the board of
for consideration of approval for the re-appointment of (1) Dr. Damri Sukhotanang ; (2) Miss Charanya Sangsukdee; and (3) Mr. Satit Hemmondharop, who would retire by rotation to resume the position of
the area of PTT Global Chemical Public Company Limited, as detailed in the enclosure 1. 3) Acknowledged the resignation as a Director of the Company of Mr. Hiroaki Ono, effective from 25 April 2018. 2 4
directors who retired by rotation in 2019, namely: 1. Mr. Patara Yongvanich as Director 2. Mr. Thanachart Numnonda as Director 3. Mr. Soontorn Dentham as Director T.662 636 6999 F.662 646 4200