Page 31 - Annual report eng 2019
P. 31
Tycoons Worldwide Group (Thailand) Plc.
8. Corporate governance
8.1 Policy of corporate governance
Policy of corporate governance of the Company please refer to our website
( www.tycons.com) corporate governance of Investor Relations page.
Report of actions taken in response the corporate governance 2019
1. Rights of Shareholders
The Company values the right of shareholders by convening the shareholders meeting
annually as requested by the law. For year 2019, The Company has held the meeting on April
25, 2019 and 6 directors attended the meeting.
The Company has assigned Thailand Securities Depository Company Limited (TSD), the
registrar of The Company security, to distribute all the meeting notice to all shareholders 14
days prior to the meeting (April 10, 2019).
The Company has allowed the shareholders to authorize representatives to attend the
shareholders’ meeting on their behalf, and if the shareholders cannot find one, The Company
also proposes an independent director to take the task. In 2019, Independent director was
Mr.Surabhon Kwunchaithunya.
The Company encouraged the shareholders to express their opinions and ask questions during
the 2019 annual shareholders’ meeting, in which the directors are responsible for answering
the questions. For this particular meeting The Company allow the shareholders to propose the
agenda of the meeting on December 21, 2018 to January 21, 2019.
The Company has posted the meeting invitation on the website, www.tycons.com, 30 days
prior to 2019 annual shareholders’ meeting and posted the minutes of meeting 3 days after the
meeting.
2. Equitable Treatment of Shareholders
The Company keeps updating its status quarterly through SET website in time as requested.
The policy to allow the shareholders to propose the director candidate prior to the meeting
on December 21, 2018 to January 21, 2019.
The Board of Directors does not allow directors, managements and related parties of
employees to trade The Company’s securities one month prior to the announcement of the
company financial statement. In 2019, the given parties have strictly complied with the policy.
The Board of Directors has required its members to disclose any of their information related
to the related parties and conflict of interest to the board, so that, for the best of the company’s
benefit, the board can consider company business activity and take a prompt action that might
be affected by that information. In 2019, there was no any of information related to the related
parties and conflict of interest to the board.
24