Mr. Sathaporn Kotheeranurak
Chairman of the Audit Committee
The Audit Committee of Gunkul Engineering Public Company Limited consists of three independent directors which are Mr. Sathaporn Kotheeranurak as Chairman of the Audit Committee, Pol. Maj. Gen. Visit Sukarasep and Mr. Sombat Santijaree as Audit Committee, on July 3 2014 Mr. Sombat Santijaree has resigned from all positions as directors of the Company, the Board of Directors Meeting at no.5/2014 on August 9, 2014 has appointed Dr. Djitt Laowattana to become a member of the Audit Committee instead of Mr. Sombat Santijaree, who already resigned. All members of the Audit Committee have experience in law, accounting and finance, management and also knowledge of energy business that required to the qualification as the stipulation of the Sccurition and Exchange Commission and the Stock Exchange of Thailand.
The Audit Committee acts as assigned from the Board of Directors in accordance with duties and responsibilities as defined in Audit Committee Charterwhich complies with guidelines and best practices for Audit Committee of the Stock Exchange of Thailand, Re : Qualifications and Scope of Work of the Audit Committee, 2008.
In 2014, the Audit Committee arranged six meetings and arranged a meeting between the Audit committee and the Auditors without management in attendance. The meetings were attended by all directors of Audit Committee, the management as well as the companyûs Internal Auditor Department and External Auditor in order to share information, comments and give suggestions which were benefit to administration proposes. The results of each meeting were presented to the Board of Directors of the Company and the companys subsidiaries.