Sino-Thai Engineering and Construction Public Company Limited has realized the significance of the good corporate governance policies, which will improve the excellence of work and management processes, as well as the Company’s performance and its reliabilities among investors and the related parties; moreover, it will increase the maximum value to shareholders; the Company has thus determined the principle of good corporate governance policy in accordance with the guidelines of the Stock Exchange of Thailand (SET) and rely on 4 items:
1."Transparency" is the basement for trust amongst stakeholders and the Company. Transparency creates the Company’s effectiveness and the capital market procedures; it also helps the Board of Directors solve problems effectively and gives shareholders and the related parties an opportunity to scrutinize the Company more thoroughly.
2."Integrity" is the way of undertaking business with straightforwardly beyond good morale. The financial statements and other information have been disseminated to public and other investors should fairly and accurate prepared in compliance with the company’s financial status.
3."Accountability" is essential toward the Board of Directors and shareholders. The Board of Directors must express the accountability and have a crucial role in proposing the reports on the Company’s performance to shareholders. The accountability of the Board of Directors must be based on suitable rules and regulations; and the disclosure of the Company’s performance must be accurate due to the Company’s success.
4."Competitiveness" aims for creating progress and increasing shareholders’ value. Corporate governance shall enhance the initiation without hinder, efficiency and the ability of leadership and vision. Therefore, this will cause the Company advantages in competitiveness amongst the others.
