The board should monitor the company’s financial liquidity and solvency. Principle 7.3 The board should ensure that risks to the financial position of the company or financial difficulties are
to obstruct or prevent the shareholders meeting from taking place, such directors may be deemed to fail to perform their duties as prescribed in Section 89/7 of the Securities and Exchange Act B.E
. Principle 7.2 The board should monitor the company’s financial liquidity and solvency. Guidelines 7.2.1 The board should ensure that management regularly monitors, evaluates and reports on the company’s
temporary close of operation and continually to evaluate each month situation. Investment plans according to the 2020 budget are also postponed in order to maintain the solvency of the cash flow. Loss on
global and domestic volatilities. However, there remained pockets of risks, such as the solvency of SMEs and the search-for-yield behavior in the prolonged low interest rate environment that might lead to
of control of the ………………………………………….…….. company O no 5.4 Having business relationship with a company, parent company, subsidiary, affiliate or person who may be in conflict in such a way as to obstruct
in conflict in such a way as to obstruct independent prudence or having other relationship in such a way as be unable to give independent opinion relating to the operation of a company: O yes (please
action to obstruct the business opportunity of CPOA for trading business for biodiesel and edible oil of the Company unless agreed otherwise. The Board of Directors shall prior consider and concern the
principle’ which requires that expenses are matched with revenues. © International Corporate Governance Network (2014) 17 7.4 Solvency risk The board should confirm in the annual report that it has carried