Page 113 - Annual Report 2015 - Mono Technology Public Company Limited

Other Compliance with Corporate Governance Principle
Report on Compliance with Corporate Governance Policy
In 2015, details of the Company’s compliance with corporate governance policy established by the Board of Directors are as follows:
1. Rights of Shareholders and 2. Equitable Treatment of Shareholders
1. The Company arranged the 2015 Annual General Meeting of Shareholders on April 23, 2015. This practice is regarded as the compliance with the regulations of SET and SEC as well as corporate governance policy. Also, the invitation to the annual shareholders’ meeting as well as attachment (as specified in the policy) was sent by registered mail at least 21 days prior to the meeting. All members of the Board of Directors participated in the shareholders’ meeting with a quorum of shareholders attending.
2. TheCompanygivestheequalrightstoshareholders to express their opinions and raise inquiries before voting and deciding resolution of each agenda. One share is equal to one vote. For the normal agenda, a resolution of the meeting shall be decided by a majority vote of the shareholders attending the Meeting and being entitled to vote.
3. The Company completely and accurately reported its performance to all shareholders and minutes of the Annual General Meeting of Shareholders was also completely recorded.
4. The Company discloses information via the SET and SEC’s website as specified in the related regulations as well as via the Company’s website http://www.mono.co.th Information about corporate governance policy and code of conducts of directors and executives is disclosed in the “Corporate Governance” section. Also, the Company reported news and information and financial information in the “Investor Relations” section and provided a communication channel for retail investors to raise any inquiry via Email: ir@mono.co.th.
5. The policy on the control of the use of inside information can be viewed from the Annual Registration Statement (form 56-1) No. 9.5 governing the control of the use of inside information. Also, the Company regularly sent a mail to prohibit the directors and executives to reveal the inside information which may significantly affect securities trading, especially before the disclosure of performance and financial position or other information that may result in any change in price of securities.
Assessed by Thai Investors Association, the Company’s 2015 AGM quality received 100 full score for two consecutive years. Assessment covers the overall AGM process (pre-, during- and post-meeting).
3. Role of Stakeholders
The Company has been conducting business based on ethical principal and gives significance on stakeholders. For the business operation, the Company established Customer Service unit in order to be responsible for giving news and information about products and services of the company, receiving complaints as well as coordinating works in order to help resolve problemsthatthecustomersmayhave. Onthepartof Corporate Affairs unit, the Company provided a communication channel to hear matters relating to corporate governance via “CG Hotline”. During the previous year, there was no dispute between the Company and each group of stakeholders.
4. Disclosure and Transparency
The Company accurately and completely disclosed important information such as financial as well as non-financial information in equitable manner according to the requirements of SET and SEC in order to enhance the confidence of shareholders. In addition, related information was disseminated continuously via the Company’s website.
Annual Report 2015
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