2013 to the SEC Office and the SET on March 3, 2014. CGD failed to rotate an auditor, in the occurrence that the auditor has performed her duties on auditing or reviewing and expressed opinion on
public. In addition, as the disadvantage of double taxation has been eliminated, PE trust will be more advantageous than PE company with more flexibility in repayment of capital. The offering of PE trust
increased THB 104.51 million, accounting for 89.71% of the total change. The Company had an increase in revenue of THB 57.55 million (related transactions eliminated), while the three subsidiaries in Thailand
increased THB 130.75 million, accounting for 73.45% of the total change. The Company had an increase in revenue of THB 65.70 million (related transactions eliminated), while the three subsidiaries in Thailand
eliminated), while the three subsidiaries in Thailand had a total increase of THB 10.72 million (related transactions eliminated). The local subsidiaries gained advantage from the recovery of the automotive
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...
in Thailand, which increased THB 51.97 million, with the Company accounting for THB 25.48 million, or 50.17% of the total increase in revenue (related transactions eliminated) The local subsidiaries
million (related transactions eliminated), accounted for 42.11% of the total increase in revenue. The local subsidiaries gained advantage from the recovery of the automotive industry in Thailand, resulting
certified financial statements. Therefore, the Securities and Exchange Commission requires that listed companies rotate their auditor every five accounting years. CG-ROSC Assessment recommends that