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.


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