4. Disclosure and Transparency

  1. Disclosure of information
    Company is committed to disclosing financial and non-financial information that is accurate, complete, transparent, thorough, and timely for investors and all stakeholders worldwide to gain access to information that is reliable, always adequate for decision-making, and conveniently accessible through documents, the SET portal, the Company's website, and press conferences. Such information consists of:
    • Company's financial information and material information, such as financial statements of Company and its subsidiaries; information on major shareholders and voting rights; information on directors and members of subcommittees; Company's dividend payment policy and Corporate Governance.
    • Company's major business updates and activities.
  2. Responsible persons for disclosure of information
    • CEO or the person assigned by CEO to be responsible for the disclosure of information must adhere to correctness, completeness, timeliness, and fairness.
    • The company secretary is responsible for disclosing key information to the Stock Exchange of Thailand, the Securities and Exchange Commission, shareholders, and investors.
    • Top executives responsible for finance is responsible for disclosing information and answering queries of shareholders, investors, stock exchange analysts, and the general public. The information covers financial statements, performance, nature of business, Company's policy, operational plans and investment, development projects, shareholding structure, and key factors impacting performance.
    • The senior executives in project development and residential project development are responsible for providing information and answering inquiries from the media and the general public regarding investment plans and project development of the Company in the responsible or assigned part.
    • The senior executives in the marketing and public relations departments are responsible for providing information and answering inquiries from the media and the general public about the Company’s marketing plans and marketing activities. The public relations agency must coordinate with the data subject agency to obtain the facts to clarify and respond to media inquiries within the assigned scope.
    • Those not responsible for disclosing company information or those not assigned by CEO must not disclose inside information that may affect Company's reputation and image, including the information that may affect the change in price and volume of Company's securities transactions.
  3. Auditor and financial statements
    The financial statements of Company and the subsidiary companies are audited by an independent auditor with knowledge, skill, and qualifications as specified to ensure the Board and the shareholders that such financial statements reflect its actual financial status and operation. It is Company's policy to change its auditors every five years to ensure complete independence. The auditor shall be re-appointed after five fiscal years interval break.
    The board values and takes responsibility for the financial statements of Company and the subsidiary companies in line with general standards and practices. Company devises a policy of proper accounting based on caution, correctness, and completeness to reflect its performance. The Board ensures that performance is reported and material information is transparently and sufficiently disclosed by regularly reporting to relevant agencies, such as the Securities and Exchange Commission and the Stock Exchange of Thailand, for the benefit of shareholders and investors. Moreover, the Board appoints the Audit and Corporate Governance Committee to be responsible for checking the reliability and accuracy of the financial statements as well as the internal control system in a sufficient and proper manner to ensure the reliability of Company's financial statements.