of power of attorney by opening the opportunity for shareholders to giving proxies to one of the independent directors and the Company shall facilitate the shareholders regarding the registration and also provide the duty stamps for the shareholders. In additions to the abovementioned meeting, the Company also offers the equality of obtaining accurate and timely information of the Company by normally disclosing the information via the Stock Exchange of Thailand’s system and then via other mass media in order to be in compliance with the rules, and the shareholders or investors including general people shall realize the information for making decisions regarding the investment. Moreover, the Company shall prevent abuse of internal information for personal benef it which could exploit other shareholders. The Company’s Management must disclose their own interest as well as their related persons in the Company’s transactions and avoid any decision making on such transaction to ensure other executives can make decision based on the Company’s benefits. Furthermore, legal measure is also applied, e.g., the Directors and the Management must report changes of personal assets to the Office of Securities and Exchange Commission according to section 59 of the Securities and Exchange Act 1992 on every sale, transfer, or acquisition of the Company’s assets within 3 days after the transaction date, etc. Furthermore, the Company prohibits the executives or units from disclosing the inside information to outsiders or persons who do not have relevant duties and must maintain the important and undisclosed information as conffiifidential, and must not purchase and sell the Company’s securities within 1 month before the disclosure of quarterly and yearly f inancial statement to the public. Finally, the Company also identifies the rule to prohibit each director and employee from using their duties and authorities or opportunity of working to seek the benef ifit for themselves or others. If any one violates this rule, he/she shall obtain the disciplinary punishment immediately. 3. Role of Stakeholders The Company has put an importance on taking care of both internal and external stakeholders, customers, shareholders, employees, executives, business partners, competitors, including the public and the society as a whole. Therefore, policies on rights of each stakeholder group have been set. Each stakeholder can communicate with the Board of Directors through its contact person or the Company’s Public Relations Department. Guidelines in respond to the need of each group of stakeholders can be listed as follows: Customers and the Public : The Company has set up the fair price policy according to the quality of products, has provided fair terms and conditions and responsibilities to maintain long-term relationship with customers. We have also given an importance on keeping customer’s conf idential information. We have informed complete, accurate, undistorted and timely information to customers, and are happy to accept comments by customers for better quality of products and services in the future. Shareholders : The Company’s directors are committed to being good representatives of shareholders in conducting the business with capability and care to be fair to all groups of shareholders, executives, non-executives and foreigners, for sustainable growth. Employees and Executives : The Company has set up proper compensation structure, that is in line with the market rates and according to knowledge, skill, responsibility and behavior of each employee. We have also provided welfares and other fringe benefits to employees. The past year, several projects were organized to support and promote teamwork and develop employees’ potentials to upgrade their expertise. Good and safety work environment was also provided for better physical and mental health of employees at all levels. Business Partners : The Company has focused on procurement, which is an important process concerning expenses and product quality. We have selected good bidders, paid serious attention to bidding, and have never invited bidders just to complete the number required by the company’s rules. All bidders must get the same details, information and terms. No products or services have been purposely specif ied in favor of any bidder unless adequate reasons are provided. All bidders are given equal opportunity while all executives and employees related to procurement must prove their transparency in conducting their business to ensure fairness and good image of the Company. Competitors : The Company has promoted free and fair competition. We have never accused and defamed our competitors without any facts. The Company has focused on the competition in terms of quality, product eff iciency, and service, bearing in mind maximum beneffiifits of customers and maintaining overall business image. Community and Society : The Company have encouraged executives and employees to be good members of the society. For the company’s sustainable development, a Corporate Social Responsibility Department was established in 2010 to perform CSR activities within nearby communities with cooperation from employees, governmental and non-governmental agencies. Last year’s activities and projects include: - Two police service centers: one for Tung Mahamek Police Station and the other for Ta Rue Police station to help facilitate people in the areas to report incidents. Annual Report 2010
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