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ABOUT CPF
ABOUT CPF
CPF operates integrated agro-industrial and food business with its objectives to provide products in high quality and environmentally and socially responsible manner.
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BUSINESS
Business
CPF is committed to providing high quality products that are nutritious, tasty, safe and traceable.
Overview
GOVERNANCE
Corporate Governance
Continuously develop and achieve business growth goals and fulfill the commitment to sustainable long-term value. Go with all stakeholders.
Overview
our mision
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The company is still working hard to raise its competitive edge. For continued growth
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Discover our latest news, covering sustainability, innovations, industry news and more
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Media Center
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ENGLISH

Audit Committee

As of 10 May 2019, The Audit Committee comprises four independent directors, as follow:
Mr. Rungson Sriworasat
Chairman of the Audit Committee
Professor Dr. Pongsak Angkasith
Member of the Audit Committee
Mrs. Vatchari Vimooktayon
Member of the Audit Committee
Mr. Vinai Vittarasgarnvej
Member of the Audit Committee
Roles and Responsibilities of the Audit Committee
The Board of Directors has set the scope of duties. And the responsibilities of the Audit Committee in accordance with Notification of the Stock Exchange of Thailand Re: Qualifications and Scope of Work of the Audit Committee, 2008, dated 9 June 2008 as follows:
  • to review the Company's financial reporting process to ensure that it is accurate and adequate;
  • to review the Company's internal control system, internal audit system and risk management system to ensure that they are suitable and efficient;
  • to review the Company's compliance with the law on securities and exchange, the regulations of the Stock Exchange of Thailand and the laws relating to the Company's businesses;
  • to determine the independence of the Internal Audit Office, as well as to approve the appointment, transfer and dismissal of the Head of Internal Audit Office;
  • to consider, select and nominate independent persons to serve as the Company’s external auditors, to dismiss the Company’s external auditors, to propose their remuneration and to attend the meeting with the external auditors, without the management in attendance, at least once a year;
  • to review related-party transactions and any transactions that may involve a potential conflict of interest so as to ensure that they are in compliance with the law and the regulations of the Stock Exchange of Thailand, and are reasonable and in the best interests of the Company
  • to prepare a report of the Audit Committee which is signed by the Chairman of the Audit Committee and published in the Company’s annual report. This report must contain at least the following information:
    • a commentary on the accuracy, completeness and creditability of the Company's financial report;
    • a commentary on the adequacy of the Company's internal control system;
    • a commentary on compliance with the law on securities and exchange, the regulations of the Stock Exchange of Thailand or the laws relating to the Company's business;
    • a commentary on the suitability of the external auditors;
    • a commentary on transactions that may involve potential conflicts of interest;
    • the number of audit committee meetings and the number times of attendance at such meetings by each audit committee member;
    • a commentary or overview of the Audit Committee on the performance of its duties in accordance with the audit committee charter; and
    • the details of any transactions which, in the Audit Committee's opinion, should be known to shareholders and general investors, provided that this must be within the scope of duties and responsibilities assigned by the Board of Directors.
  • to perform any other acts as assigned by the Board of Directors with the approval of the Audit Committee.
In performing its duties within the scope specified above, the Audit Committee shall be directly responsible to the Board of Directors. Nonetheless, the Board of Directors shall remain responsible to third parties for the acts of the Company.