SCI Annual Report 2015

SCI Electric Public Company Limited
Authority
5. Possess the authority to approve the transaction, employment, and contract with the credit line not over than 50
million baht (fifty million baht);
6. Possess the authority to approve the transaction of equipments or fixed assets for the regular usage in the business
with the credit line not over than 10 million baht (ten million baht);
7. Possess the authority to approve the bidding and transaction, and the regular operations of the company and chained
companies, including the approval of bidding, transaction, and employment that are for the regular usage of the
company and chained companies with the credit line not over than 200 million baht (two hundred million baht);
8. Possess the authority to approve the loaning money, the provision of credit, the issue of debt securities, overdraft
contract, other bank credits or other financial institutions’ or other people under the regular conditions of the
company or other juristic persons involved in the business with the credit line not over than 50 million baht (fifty million
baht), including the authority to get the payment guarantee letter for the company’s interests with the credit line not
over than 50 million baht (fifty million baht);
9. Possess the authority to approve the mortgage and pawning of the company’s existing or nearly-existing assets for
the loan guarantee with the credit line not over than 50 million baht (fifty million baht).
General Administration
10. Work as a consultant responsible for the financial management, marketing management, human resource, and
other operations within the business;
11. Possess the necessary authority to approve the designation of general consultants, including the financial and tax
consultants, as well as the authority to specify the appropriate consideration for these employees with the credit line
specified on the lists of the transaction, employment and contract above.
12. Possess the authority to appoint the project consultant as appropriate with the credit line not over than 10 million
baht (ten million baht); however, the investment and budget plans would be approved by the Board;
13. Specify the company’s structures and administration, including the designation, employment, translocation, wage,
consideration, bonus of the administrative officers, and dismissal assigned by the Board, as well as examine the ap
propriate employee’s fringe benefits conforming to the conditions, traditions, and legal regulations (the administrative
officers could be defined as the employees working under the authority of the board);
14. Perform other responsibilities assigned by the Board.
The directors could not examine and approve any performances involved with the interests of the company, except for
the approval conforming with the policies and regulations of the Board, the extraordinary general members and legal
regulations. Nonetheless, the Board could cancel, ignore, and revise their authority as appropriate.
Moreover, the executive managing directors, chief executive officer or other employees are approved by the board to
perform duties conforming with the specified regulations of the board. Nonetheless, the delegation of authority is considered
as successful if the authorized representatives are not against the company’s interests.
At the Extraordinary General Meeting 1/2015 on April 22nd, 2015, the authorities and responsibilities of the Chair of
Executive Board and Chief Executive Office were concluded and approved as follows;
Roles and Responsibilities of the Chair of Executive Board
General Administration
1. Control and approve the regular operations of the company, as well as assign authority to the Chief Executive Office,
administrators, or other employees performing the regular duties within the company to be authorized to represent
as the Chair for some issues under the control and the period that the Chair of Executive Board assigns. Nonetheless,
the authority could be ignored, revised, and cancelled by the Chair;
2. Perform duties following to the policies, plans, and budget plans assigned by the committees and/or the Board;
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