Page 40 - Annual report eng 2019

Tycoons Worldwide Group (Thailand) Plc.

8.4 Supervision operations of its subsidiaries and associates

The Company investment in subsidiaries or associated company must be approved by the
Board of directors and authorized the Chairman/directors on behalf of the Company as the
Chairman/directors of the subsidiaries and associated company by the proportion of
shareholding.

8.5 Supervision of internal information
1. The company has a policy on supervision of usage of internal company
information by its executives and staff for their own benefit. The executives and
staff who come to possess internal company information are not permitted to
buy or sell the securities of the company 1 month prior to the company
announcing its results of operations (financial statements).
2. Significant information that may affect the price of securities. The company
announces its results of operations within 45 days from the end of a financial
quarter and 60 days after the end of the accounting year.

3. The company also requires that its executives prepare and submit to the Office
of Securities and Exchange Commission reports on holdings of shares by them,
their spouses and underage children, in listed companies in respect of which
they are executives (according to the Securities and Exchange Act B.E. 2535
Section 59 and pursuant to Section 275 which stipulates that any director,
manager, person who holds a management position or auditor who contravenes
or fails to comply with Section 59 shall be liable to a fine not exceeding five
hundred thousand Baht and a further fine not exceeding ten thousand Baht for
every day during which non-compliance continues).

8.6 Audit remuneration

1). Audit Fee
The company and its subsidiary financial Statement 2019 annual audited fee and quarterly
reviewed fee amount 2,250,000 Baht and the financial Statement 2018 annual audited fee
and quarterly reviewed fee amount 2,300,000 Baht.
2). Non-Audit Fee
EY review working paper fee will be paid in 2019 amount 160,000 Bath.

9. Corporate Social Responsibilities: CSR

9.1 Policy of corporate social responsibilities
The Company has been formulated the policy of corporate social responsibility and
approved by board of directors on November 13, 2014, we comprehend the importance of
helping and supporting society, community, and maintaining environment continuously;
Tycoons also takes consideration of likely influence to stakeholders, such as stockholders、
employees, the community where we belongs, customers, suppliers, government, societies and
nations; we formulate the direction that allowed employees can participate our corporate social
responsibility policy together, there are the following eight points:

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