The Board of Directors determined the company to disclose information related to the firm including financial and non-financial information accurately, currently, completely, transparently and reliably to every stakeholder equally.

The Board of Directors is certain that all information in financial report must contain accuracy according to the standards of the Accounting Profession Association of Thailand and were approved by independent accounting auditors. The board is aware that quality of financial report is what shareholders and outsiders have placed greatly importance.

The company sees the importance of the disclosure of information related to the firm including financial and non-financial information accurately, sufficiently and transparently to the investors and other related parties at the punctual time; the information i.e. the Annual Report, Financial Report, other significant information stated by the Stock Exchange of Thailand (SET), and information that might affect the company’s stock price, shall be published through the SET’s media, or an appointment of the company’s executives for the enquiries of such information must be allowed. Moreover, the Board of Directors determined to set a transparency compensation payment process and asked for shareholders’ approval.
The board of directors is well aware how importance the credibility of financial report and the financial budget are. They show the public the company’s financial status, as well as its real performance. Therefore, the board has always given full cooperation to the company’s account auditors.

The board is responsible for the arrangement of the company’s financial report, including the financial information shown in the annual report. It supervises the management team in preparing financial budget by providing accurate and true financial data, certified by the accountants and the standards of the Accounting Profession Association of Thailand. The board will carefully apply appropriate policies while using thorough consideration and the logics of the arrangement.

The board also acknowledges the significance of the internal auditory efficiency, as it is one of the key to successful operation, as well as, preventing any misconduct. Therefore, Audit Committee is appointed to review and supervise the internal auditory system. The Committee will also directing transparent and accurate arrangement of the company’s financial record. The Audit Committees are consisted of three independent committees. The end process of financial data arrangement is when the audit committee stated their approval on the financial report in the annual report, as of December 31, 2006 that the report is credible and accurate.
The company has considered the remuneration of the board of directors based on the comparative rate with others in the same industry, listed in the SET. The remuneration is set to motivate the directors to continuously contribute good work at the company. The company will also consider the remuneration appropriately, based on the responsibility of the board of directors. The financial incentive of the company’s board of directors is in the forms of monthly salary, and bonus

The company appointed a sub-committee to consider about remuneration for the Board of directors and executives, followed by the resolution in shareholders’ meeting. The annual report will show the sum of meeting expense and compensation. The remuneration of the board of directors in 2008 was as follows

Name Position 2008 Monthly Salary (baht) 2008 Bonus (baht) Total Amount (baht) Mr. Narong Srisa-arn Chairman / Chairman of the Remuneration Committee 720,000 3,096,774 3,816,774 Mr. Thapana Sirivadhanabhakdi Vice Chairman 540,000 2,322,581 2,862581 Mr. Tan Passakornnatee Director / Remuneration Committee - 1,548,387 1,548,387 Ms. Sunisa Sukphantavorn Director - 645,161 645,161 Mr. Yeuh-Chin Chiu Director - 1,548,387 1,548,387 Mr. Sithichai Chaikriengkrai Director / Remuneration Committee 480,000 1,548,387 2,028,387 Mr. Ueychai Tantha-obhas Director 360,000 1,548387 1,908,387 Dr. Pisanu Vichiensanth Director / Risk Management Committee 480,000 1,548,387 2,028,387 Somkiat Chareonkul Director - 1,548,387 1,548,387 Mr. Cholakarnta Boobphaves Director 360,000 1,548387 1,908,387 Mr. Vikrom Koompairochana Independent Director and Chairman of the Audit Committee 600,000 2,322,581 2,922,581 Mr. Verachai Tantikul Independent Director and Audit Committee 480,000 1,548,387 2,028,387 Mr. Chai Jrongtanapibarn Independent Director / Audit Committee / Risk Management Committee 600,000 2,322,581 2,922,581 Total Amount of Salaray and bonus 4,620,000 23,096,774 27,716,774

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