The Board of Directors of KASIKORN FACTORY AND EQUIPMENT CO., LTD. (“the Board”) strongly believes that good corporate governance will enhance the sustainable growth of KASIKORN FACTORY AND EQUIPMENT CO., LTD. (“the Company”) and is central to achieving the company’s primary objective. The corporate governance practices at the Company provide the structure which enables this objective to be achieved, whilst ensuring that the business and affairs of the Company are conducted competitively under high ethical standards and in accordance with the laws.
As a subsidiary of KASIKORNBANK PUBLIC COMPANY LIMITED (“the Bank”), a leading financial institution in Thailand, the Board embraces the main characteristics of good corporate governance, namely:
a) Integrity e) Responsibility
b) Transparency f) Fairness
c) Independence g) Social Responsibility
d) Accountability
This “Statement of Corporate Governance Principles” reflects the values, practices and directions that apply within the Company, as determined and approved by the Board.