acts as the oversight body, is overseen by an independent body. Such an auditor oversight body must operate in the public interest, and have an appropriate membership, an adequate charter of
DODD-FRANK ACT • Financial crisis revealed behemoth players in financial industry were not overseen by any regulatory authority • Dodd-Frank mandated additional SEC oversight on PE and HF firms JUNE 22
main office sufficient for not suffering from the same impacts and it should be able to support a large amount of critical business functions or a long-lasting emergengy incidents. In addition, the
million and in payment for additional capital of the associate for Baht 1,365 million. • Net cash used in financing activities of Baht 2,379 million resulting from the loan repayment according to the long
additional capital of the associate for Baht 902 million. The company had net cash used in financing activities of Baht 1,594 million resulting from the loan repayment according to the long-term loan
enhance a company’s ability to generate long-term financial returns. Businesses that fail to make sufficient investments in the future can doom themselves to irrelevance. These businesses need us—their
contribute to the segment earnings. However, contribution from this business will be adversely impacted in 2Q19 due to an unplanned shutdown lasting for around 45 days. 2020 will be the year that IVL realize
HVA continues to contribute to the segment earnings. However, contribution from this business will be adversely impacted in 2Q19 due to an unplanned shutdown lasting for around 45 days. 2020 will be the
other best practices at investee companies by engaging with them on pertinent financial and other relevant matters. This should help foster sustainable long-term performance by these companies to the
undoubtedly fuel our economies and eventually improve the living standards of Thai people and those of our neighboring countries. Strengthening the audit professions As lasting improvements start from within