11 May 2020 08:56:00
The appointment of auditors
[TRANSLATION] Our Ref. JTS/CS-006/2563 May 8, 2020 Subject : The appointment of auditors Attention : The President of the Stock Exchange of Thailand As the Company had previously announced the indefinite postponement of its Annual General Meeting of Shareholders for the year 2020 (the "2020 AGM") due to the current pandemic of Coronavirus (COVID-19) through the Stock Exchange of Thailand on April 13, 2020, the agenda regarding the appointment of the auditors and the approval of the audit fee for the year 2020 were ;therefore, postponed. Nevertheless, the Office of the Securities and Exchange Commission (the "SEC") has announced the Notification of the Capital Market Supervisory Board, Tor Jor 28/2020 dated March 27, 2020, which states that listed companies, which are unable to hold the 2020 AGM nor are they able to appoint the company's auditors, are permitted to submit the company's financial statements for the first quarter of the year 2020, reviewed by the auditors whose names appear in the approved auditor name-list of the SEC and appointed by the company's Board of Directors. Additionally, the company is required to propose the agenda on the appointment of the company's auditors in the upcoming AGM. In this regard, the Company's Board of Directors at the meeting No. 1/2020, convened on February 5, 2020, has resolved based on the consideration of the Audit Committee to approve the appointment of one of the auditors from EY Office Limited, who in 2019 served as the auditor of the Company, whose names appear herein below to audit the Company's financial statements for the year 2020 which includes the review of the financial statements for the first quarter of the year 2020 and the following quarters of the Company until the Company is able to hold the 2020 AGM. 1. Mrs.Chonlaros Suntiasvaraporn, Certified Public Accountant Registration No. 4523 2. Mr. Vatcharin Pasarapongun Certified Public Accountant Registration No. 6660 3. Mr.Supachai Phanyawattano Certified Public Accountant Registration No. 3930 The Board of Directors has also resolved to approve the proposal of the appointment of these auditors from EY Office Limited for the shareholders' consideration in the upcoming 2020 AGM together with the annual audit fee of not exceeding 1,370,000 Baht (excluding other expenses). In the event that these auditors are unable to perform their duties, EY Office Limited is authorized to assign another of its auditors to perform the audit and provide the opinions on the Company's financial statements in their place. Please be informed accordingly. Sincerely yours, Pleumjai Sinarkorn (Mr. Pleumjai Sinarkorn) Chairman of the Board of Directors ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.