Corporate Governance

The Company has always aimed to develop its business based on the principle of good corporate governance, ethics and morality. Being well aware of how important they are and the preponderance of the roles and responsibilities assumed by the directors, executives and employees in light of business management, the Company therefore is not only committed to creating sustainable, added value to its shareholders, but focuses upon fair treatment to all stakeholders, as well.

The Company has established the guidelines for business operations based on the principle of good corporate governance with a “Good Corporate Governance Policy” and operated according to it stringently.

In addition, the Company has also improved and added to Code of Conduct in order to cover various operational guidelines to meet international standards and be up to date. As a result, the conduct of directors, executives, and employees of Quality Houses Public Company Limited will be in compliance with generally accepted standards.

The Board of Director has approved the corporate governance policy (latest edition) in the Board of Director Meeting (No. 6/2018) on September 25, 2018 based on good corporate governance code for listed companies in 2017 (CG Code) from the Securities and Exchange Commission.

This policy would focus on the principles for the Board of Director, who is the leader with highest responsibility for the company, to apply with the company’s supervision in order to create value and long-term growth. In the Board of Director Meeting (No. 8/2018) on December 24, 2018, the Board of Director has reconsidered to apply the principles based on the CG Code with the company’s business. Most of the principles have already been applied, but the remaining principles have been recorded as part of the Board of Director Meeting resolution.

The Company has stipulated that all directors, executives and employees must be informed of, understand and strictly adhere to the prescribed policies and code of conducts.

The corporate governance policy and business ethics is presented on the Company’s website, "", to provide additional channels of information for all executives and employees to learn more about the instructions, rules and regulations so that they be able to take actions and eventually achieve the business goals for the benefits of all stakeholders.

The details of corporate governance policy are as follows