12 May 2010
Renewal for the term of audit committee F24-1
H.T. / SET/ 015/2010
May 12, 2010
SINGER: Election of retired Audit Committee
Form for Report on Names of Members and Scope of Performance of the Audit
Committee (F24-1)
The Board of Directors Meeting No.181st of the Singer Thailand Public Company
Limited held on
May 12, 2010 resolved the meeting's resolutions in the following manners:
1 Renewal for the term of audit committee
(/) Chairman of the audit committee (/) Member of the audit committee
As follows:
( 1 ) Mr. Udom Chatiyanonda Chairman
( 2 ) Mr. Christopher John King Member
( 3 ) Mr. Bibit Bijaisoradat Member
The appointment/renewal of which shall take an effect as of May 12th, 2010
2 Determination/Change in the scope of duties and responsibilities of the
audit committee
with the following details:
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The determination/change of which shall take an effect as of......-.......
The Audit Committee Members are as follows:
1. Chairman of the Audit Committee Mr. Udom Chatiyanonda
(Remaining of service= 2 years)
2. Member of the Audit Committee Mr. Christopher John King
(Remaining of service= 2 years)
3. Member of the Audit Committee Mr. Bibit Bijaisoradat
(Remaining of service= 2 years)
Secretary to the Audit Committee Mr. Vorawoot Anankittipong
The audit committee number(s) 1 has adequate expertise and experience to
review creditability of the financial reports.
The audit committee of the company has the scope of duties and
responsibilities to the Board of Directors on the following matters:
1. Review the Company's financial reporting process to ensure
accuracy and adequacy.
2. Ensure the suitability and effectiveness of internal control and
internal audit procedures,and determine the internal audit
office's independence, as well as to approve the appointment,
rotation and removal, and performance development and
appraisal of the Chief of Internal Audit.
3. Ensure compliance with securities and exchange laws, SET
regulations, and relevant laws.
4. Consider, screen and nominate the Company's external auditor and
also recommend remuneration of such external auditor, as well as
meeting with the external auditor without management team at least
once a year.
5. Consider the accurate and complete disclosure of Company
information in case of connected transactions or potential
conflicts of interest to ensure such information is
reasonable and profitability for the company.
6. Prepare a report on the Committee's supervision of business for
disclosure in the annual report, to be signed by Chairman of the
Audit Committee and will contain the information following by
regulation of the Stock Exchange of Thailand.
7. Perform tasks assigned by the Board and with the approval of the
Committee.
The company hereby certifies that
1. The qualifications of the aforementioned members meet all the
requirements of the Stock Exchange of Thailand; and
2. The scope of duties and responsibilities of the audit committee as
stated above meet all the requirements of the Stock Exchange of
Thailand
Yours Sincerely,
Singer Thailand Public Company Limited
(Mr. Boonyong Tansakul) (Mr. Paitoon Sukhanaphorn)
Director and Managing Director Director and Controller and Finance Director