Page 138 - 56-1 One Report 2022 EN
P. 138

Part 2 Corporate Governance


               The Company has determined the practice of the Code of Conduct for all stakeholders as follows:

               1.  Responsibility to shareholders
               The Company is determined to be a good representative of shareholders in operating the business to create
               maximum satisfaction for shareholders. The determination rests on the long-term growth of company value with
               good  and  continued  sustainable  returns  as  well  as  the  transparent  and  trustworthy  disclosure  of  data  to
               shareholders.
                2.  Responsibility to customers

               The Company is determined to create satisfaction and confidence for customers by

                     The delivery of good, quality products, and services at a reasonable price and whilst keeping a good
                       business relationship. The Company, thereby, sets this guideline of practice: Manufacture quality products
                       and offer service with determination to raise the standard with consistency and seriousness and disclose
                       the data relating to product and service in completion and correctness without any distortion.

                     Save for the data which must be disclosed to the third party relevant to the applicable law, directors,
                       executives, and staff at all levels will ensure confidentiality and will not disclose the data of customers
                       without receiving permission from customers or the authorized person in Group.
               3.  Responsibility to business partners and creditors

               The Company treats partners as a key factor in creating value for customers. The business must comply with the
               contract terms and conditions with partners, including on-time payments to partners and compliance with the
               agreed conditions competition without demanding or giving any illicit benefits to business partners. Procurement
               will be carried out transparently, providing information to partners equally and accurately without discrimination.

               The Company will comply with all agreements and conditions it has made with creditors is crucial. The payment of
               principal and interest, including taking care of all the collateral. In case the company is unable to comply with the
               agreements, the company must negotiate with creditors in advance in order to seek mutual compromise. The
               company will disclose accurate and complete financial information regularly to gain creditors’ confidence in their
               financial position and ability to pay debt obligations.
               4. Responsibility to society and the environment

               As a Thai business entity, the company realizes and has a sense of gratitude toward the country and serves as an
               integral part of the society with responsibilities to help the society, corporate and support local activities in the
               communities where the company operates the business.
               The Company has the policy to run business operations with keen attention on the environment and resource
               conservation, and place emphasis on creating a corporate culture and promoting behaviors of staff to protect the
               environment, both inside and outside the company.  The Company promotes the use of the resource with efficiency
               and maximum benefit, for example, ensuring safety in the use of radio frequency equipment both for company
               personnel and the surrounding community including protecting the business operation from and controlling it
               against having an adverse effect on the environment and ecological system.




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