and the persons whom IFEC identified as director via the Stock Exchange of Thailand (SET) to solve the company's problems urgently and to disclose their individual clarifications to the public within
urgently solve its problems, such as loan defaults and failure to prepare an submit financial statements to the Stock Exchange of Thailand (SET) to avoid a possible delisting from the SET and mitigate
auditing the issues related to fraud risks and revenue recognition. In addition, the ongoing challenge to be urgently addressed was to increase the number of auditors with a view to accommodating the growth
qualified opinions due to limitation on scope of audit imposed by the company management. EIC must submit to the SEC and publicly disclose the rectified and audited/reviewed financial statements urgently. The
alerts, and further enhances collaboration with the AOC to combat fraudulent schemes. SEC Secretary-General Pornanong Budsaratragoon said: “The SEC is fully aware of the urgent issue of fraudulent
to the SEC and publicly disclose the rectified and audited/reviewed financial statements urgently. The SEC found that the auditor gave qualified opinions on EIC’s 2014 and Q1/2015 financial statements
statements by May 27, 2015, the deadline previously determined. The companies were also required to submit their Q1/2015 financial statements urgently. Also, AIE must submit the opinion of audit committee on
urgent and necessary causes supporting the grant of relief. Department in charge of appeal consideration shall consider the motion under the first paragraph urgently and prepare an opinion to the
companies were also required to submit their Q1/2015 financial statements urgently. Also, AIE must submit the opinion of audit committee on internal audit report concerning cost of sales and inventories which