Page 102 - Annual Report 2015 - Mono Technology Public Company Limited

2. Executive Committee
As of December 31, 2015, the Executive Committee comprised five members and details of their meeting attendances were as follows :
Name
4. Mr. Komsak Wattanasriroj
5. Mr. Patompong Sirachairat
Miss Saranya Amornrattanasuchad is the Secretary to the Executive Committee.
22/25
21/25
25/25 25/25
Position
Number of Attendances/ Number of Meetings (Time)
1. Mr. Soraj Asavaprapha
Chairman of Executive Committee
22/25
2. Mr. Navamin Prasopnet
3. Mr. Sang Do Lee
Executive Director
Executive Director
Executive Director
Executive Director
Term of Office of Executive Committee
The Executive Committee serves a term of two years since the appointment date. The retiring members of the Executive Committee shall be re-elected.
Authority, Duties and Responsibilities of the Executive Committee
1. To be responsible for management of the Company’s business to meet the established objectives of business operation. The business management must be in line with the policy, requirements or orders designated by the Board of Directors. Moreover, the Executive Committee shall consider and screen relevant matters before proposing the Board of Directors to consider approving.
2. To arrange the Company’s vision, business strategy, operational policy as well as budget of the Company and subsidiaries before proposing the Board of Directors to consider approving.
3. Tomonitor,examineandfollowupmanagement policy and guideline implementation by the Company to ensure that they are in compliance with the assignment of the Board of Directors.
4. To have authority to consider approving some cases or operations regarded as regular business of the Company under financial limit or annual budget approved by the Board of Directors and to perform any action as specified above. In details, the Executive Committee shall have authority to approve expenses or procurement or lease or hire purchase that are relevant to the Company’s operation and investment for both core business or supporting units at the financial limit of 30 million Baht; and have authority to approve borrowing from financial institutions to continue regular transactions of the Company at the financial limit of 30 million Baht.
5. To report the operation results to the Board of Directors according to following topics and time limit:
• Quarterly report of operation results must be submitted within the period of time specified by SET
• ReportsofAuditorontheCompany’sfinancial statements as well as annual and quarterly financial statements must be submitted within the period of time specified by SET
• The submission of other reports will be made within the period of time that the Executive
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Mono Technology Public Company Limited
Committee deems fit.