will simultaneously improve the other elements’ effectiveness. Determined to solidify financial reporting and audit quality, the SEC aims to strengthen all elements of TSQC1 and has, therefore, raised
resolutions as follows; 1. Determined the schedule of the Extraordinary General Meeting of the Shareholders No. 1/2017 (“EGM No. 1/2017”) on Monday, November 13, 2017 at 2.00 p.m., which will be held at 3rd
financial statements on cost of sales and inventories which revealed lack of efficiency and reliability of AIE internal control system. The auditor was thus unable to gather sufficient evidence for such
be enforced. The SEC Office present the case to the Civil Sanction Committee (“CSC”). CSC determines which civil penalties shall be imposed. Does he pay monetary sanctions determined by CSC/ Court
. (“Company”) had submitted the financial statement for the three-month period ended March 31, 2017 which revealed that the company’s statement result of operations with net profit of 41.85 million baht
areas. The latest inspection on 29 audit firms in the capital market revealed that 86 percent of the inspected audit firms received either “acceptable” or “very satisfactory” rating for their quality
of the 30 new auditors was approved and became new registered auditor. The inspections revealed six major issues: Revenue recognition Planning and risk assessment 0% 5% 10% 15% 20% Completion Inventory
statements, registration and any other application; (4) accept fees as specified in the ministerial regulations or as determined by the SEC and the Office. Provided that it shall be solely for the benefit of
Securities and Exchange Commission hereby issues the following regulations: Clause 1 The transferable subscription right (TSR) shall be determined as a security under Section 4 of the Securities and Exchange
[relevant] law, and preserves the trust property. Additionally, in case the REIT has determined the policy to invest in other assets aside from the principal asset, the management of investment in such