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The Executive Committee

Members of the Executive Committee are 4 directors as follows;
Mr. Somchai Kulimakin
Chairman of the Executive Committee
Mr. Aikachai Sirijuntanan
Executive Committee
Mr. Sumruay Tichachol
Executive Committee
Mr. Bhiya Jriyasetapong
Executive Committee
The Executive Committee
  • 1. Mr. Somchai Kulimakin
    Chairman of the Executive Committee
  • 2. Mr. Sumruay Tichachol
    Executive Committee
  • 3. Mr. Bhiya Jriyasetapong
    Executive Committee
  • 4. Mr. Aikachai Sirijuntanan
    Executive Committee
Scope, Authorities and Duties of the Executive Committee
  1. To plan and formulate the Company’s policies, directions, strategies, work plans, organization structure, management structure, and business discipline to proper with the circumstances of the economy and the market’s competition for proposing to the Board of Directors’ approval.
  2. To plan and formulate the Company’s business plan, annual budget, line of authority for proposing to the Board of Directors’ approval.
  3. To audit and follow the implementation of the Company’s assigned policies and management directions efficiently and support the Company’s business performance.
  4. To take consideration for approval of auctions or hire of works with Company or person with the budget scope not exceed Baht 150 million.
  5. To recruit or dismiss the Company’s staff in management level excluding Chief Executive Officer, President, and the Company’s director positions.
  6. To supervise and check the outcome of the Company’s daily operation in accordance with the Company’s business plan approved by the Board of Directors.
  7. To sign on any documents which related to withdrawal document from the Company’s bank account under the conditions and limitations which approved by the Board of Directors.
  8. To permit the Company’s expenditures which the Executive Committee can approve its without any limitation on the approved annual budget by the Board of Directors.
  9. To sign on contract which binding the Company for the period from 1-3 years and not exceed Baht 150 million.
  10. To invest or invest in capital expenditure (not exceed Baht 150 million) or the transaction fixed on the annual budget approved by the Board of Directors.
  11. To find out the financing for investment or invest in capital expenditure which was approved by the Board of Directors, or refinance the outstanding liabilities under the better terms and condi¬tions.
  12. To approve extra compensation for staff (Bonus) in accordance with the approved budget by the Board of Directors.
  13. To approve the rising of staff’s compensation in accordance with the approved budget by the Board of Directors.
  14. To act as appropriates for any duties which shall be assigned from the Board of Directors.

However, the Executive Committee shall delegate its powers to the Management of the Company as appropriates for approving of one or more financial issues under the authorized scope of power.

Nevertheless, the above delegation of authority shall be in accordance with Thailand legislations and the Company’s the articles of association. Moreover, where the conflicts of interest of the Executive Director(s) occurred of the prohibited person under the provision of SEC, the Executive Committee shall present that issue to the Board of Directors for taking the consideration, and the Executive Director(s) who has the conflict of interest is not entitled to cast the vote for such matter.

Nonetheless, any transactions which were in relation or related with the receiving or selling the Company or subsidiary’s assets under provision of SET, shall be approved by the shareholder’s meeting and/or acted as stated in that provision.