Reported Earnings • Nov 16
Third quarter 2025 earnings released: ฿0.004 loss per share (vs ฿0.007 loss in 3Q 2024) Third quarter 2025 results: ฿0.004 loss per share (improved from ฿0.007 loss in 3Q 2024). Net loss: ฿20.8m (loss narrowed 34% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 3% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. New Risk • Aug 16
New major risk - Revenue and earnings growth Earnings have declined by 0.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿66m free cash flow). Share price has been highly volatile over the past 3 months (37% average weekly change). Earnings have declined by 0.9% per year over the past 5 years. Revenue is less than US$1m (฿29m revenue, or US$895k). Market cap is less than US$10m (฿190.4m market cap, or US$5.86m). Reported Earnings • Aug 16
Second quarter 2025 earnings released: ฿0.004 loss per share (vs ฿0.005 loss in 2Q 2024) Second quarter 2025 results: ฿0.004 loss per share (improved from ฿0.005 loss in 2Q 2024). Net loss: ฿17.5m (loss narrowed 29% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has fallen by 48% per year, which means it is significantly lagging earnings. Reported Earnings • May 16
First quarter 2025 earnings released: ฿0.004 loss per share (vs ฿0.012 loss in 1Q 2024) First quarter 2025 results: ฿0.004 loss per share (improved from ฿0.012 loss in 1Q 2024). Net loss: ฿17.9m (loss narrowed 64% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 47% per year, which means it is significantly lagging earnings. Tillkännagivande • Mar 13
K.C. Property Public Company Limited, Annual General Meeting, Apr 22, 2025 K.C. Property Public Company Limited, Annual General Meeting, Apr 22, 2025, at 10:30 SE Asia Standard Time. Location: -format., Thailand Tillkännagivande • Mar 12
K.C. Property Public Company Limited Announces Board and Committee Changas The Board of Director of K.C. Property Public Company Limited held on March 12, 2025 has approved important agendas as follows: Acknowledgement of the resignation of Mr. Sutthichai Temprasertrudee from his positions as Chairman of the Risk Management Committee and as an authorized signatory director in the company's certificate, effective from March 12, 2025, onwards (Still holding the position of a Director and Executive Director). Resolved to appoint the Chairman of the Risk Management Committee and Risk Management Committee to replace the resigning director. After the appointment, the Risk Management Committee are as follows; Mr. Teera Panchamawat - the Chairman of the Risk Management Committee, Mr. Apisak Saengsrijan - Risk Management Committee, Miss. Nannicha Pilatchit - Risk Management Committee. Approved the change of the Authorized Directors as follows; Old: Mr. Sutthichai Temprasertrudee, Police General Surapon Yoonuch, Mr. Apichai Phanthumat, Mr. Vichai Satjaharuthai two out of these four directors jointly sign with the company's seal being affixed. New: Police General Surapon Yoonuch, Mr. Apichai Phanthumat, Mr. Vichai Satjaharuthai, Mr. Teera Panchamawat two out of these four directors jointly sign with the company's seal being affixed. The company will proceed with registration of changes in the list of directors and the directors who are authorized to sign on behalf of the company to the Department of Business Development Ministry of Commerce. Tillkännagivande • Mar 03
K.C. Property Public Company Limited Announces CFO Changes K.C. Property Public Company Limited announced the resignation of Amornsak Wisitwuttipong as Deputy Managing Director of Accounting and Finance (Acting), effective March 5, 2025. The company also announced the appointment of Miss Woraporn Pukpinyo as Chief Financial Officer (CFO)-Acting, effective March 5, 2025. Reported Earnings • Mar 02
Full year 2024 earnings released: ฿0.03 loss per share (vs ฿0.017 loss in FY 2023) Full year 2024 results: ฿0.03 loss per share (further deteriorated from ฿0.017 loss in FY 2023). Net loss: ฿135.6m (loss widened 106% from FY 2023). New Risk • Dec 18
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿318.4m (US$9.31m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-฿65m free cash flow). Share price has been highly volatile over the past 3 months (19% average weekly change). Market cap is less than US$10m (฿318.4m market cap, or US$9.31m). Minor Risk Revenue is less than US$5m (฿80m revenue, or US$2.3m). Reported Earnings • Nov 18
Third quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.005 loss in 3Q 2023) Third quarter 2024 results: ฿0.01 loss per share (further deteriorated from ฿0.005 loss in 3Q 2023). Revenue: ฿7.11m (down 86% from 3Q 2023). Net loss: ฿31.6m (loss widened 70% from 3Q 2023). Tillkännagivande • Oct 02
K.C. Property Public Company Limited Announces Board and Committee Changes K.C. Property Public Company Limited at the SBM held on October 1, 2024, the board approved appointment of Mr. Prasert Tinaphong - Vice Chairman of the Board of Directors, Independent Director, Audit Committee and The Chairman of the Nomination and Remuneration Committee. Mr. Wasan Boonsampankit - Independent Director, Risk Management Committee, Nomination and Remuneration Committee and Chairman of the Audit Committee. Mr. Sutthichai Temprasertrudee - Directors and The Chairman of the Risk Management Committee. Mr. Wasan Boonsampankit is as independent director who has knowledge and experience to review the financial statements. Approved of the appointment of Mr. Apisak Saengsrijun Independent Director to participate in setting the board meeting agenda. Approved the change of the Authorized Directors as follows. Old M.R. Sasiprin Chandratat, Police General Surapon Yoonuch, Mr.Apichai Phanthumat, Mr. Vichai Satjaharuthai two out of these four directors jointly sign with the company's seal being affixed. New: Mr. Sutthichai Temprasertrudee, Police General Surapon Yoonuch, Mr.Apichai Phanthumat, Mr. Vichai Satjaharuthai two out of these four directors jointly sign with the company's seal being affixed. Acknowledgement of Mr. Vichai Satjaharuthai resigned from the position of the Managing Director, which is effective from 1 October 2024 onwards. (Still holding the position of company director). Appointment of managing director: Mr. Amornsak Wisitwuttipong Managing Director. Work experience: Deputy Managing Director, K.C. Property Public Company Limited, 2019-2024. Overseeing the Construction Department /Administration Department /Company Secretary Department /Corporate Governance Department /Human Resources Department /Accounting and Finance Department (Acting). Company Secretary, K.C. Property Public Company Limited, 2024 - Present The above appointment of directors and managing director effective October 1, 2024 onwards. After the appointment, the Company's Directors are as follows; Police General Surapon Yoonuch - The Chairman of the Board of Directors and Nomination and Remuneration Committee. Mr. Prasert Tinaphong - Vice Chairman of the Board of Directors, Independent Director, Audit Committee and The Chairman of the Nomination and Remuneration Committee the Board of Directors. Mr. Wasan Boonsampankit - Independent Director, Risk Management Committee, Nomination and Remuneration Committee and Chairman of the Audit Committee. Mr. Sutthichai Temprasertrudee - Directors and The Chairman of the Risk Management Committee. Mr. Vichai Satjaharuthai - Director. Mr. Apisak Saengsrijan - Independent Director and Audit Committee Member. Mr. Apichai Phanthumat - Director and Deputy Managing Director. Miss. Nannicha Pilatchit - Director. Mr. Teera Panchamawat - Director. The Board of Directors meeting/shareholders meeting of KC property PLC No.16/2567 held on 1 October 2024 resolved the meeting's resolutions in the following manners: Appointment of the audit committee: Chairman of the audit committee - Mr. Wasan Boonsampankit. Member of the audit committee - Mr. Prasert Tinaphong, the appointment/renewal of which shall take an effect as of 1 October 2024. The audit committee is consisted of: Chairman of the audit committee Mr. Wasan Boonsampankit remaining term in office 6 month 11 day. Audit committee Mr. Prasert Tinaphong remaining term in office 6 month 11 day. Audit committee Mr. Apisak Saengsrijun remaining term in office 2 year(s) 10 day. Secretary of the audit committee Miss. Ratree Saimek. Tillkännagivande • Sep 26
K.C. Property Public Company Limited Announces Board and Committee Resignations K.C. Property Public Company Limited announced the resignation of the following directors, with effect from September 25, 2024, M.R. Sasiprin Chandratat has resigned from his position as Director and Chairman of the Risk Management Committee, due to his other obligations and responsibilities. Mr. Kittiphat Intharakaset has resigned from his position as Vice Chairman of the Board of Directors, Independent Director, Audit Committee Member and Chairman of the Nomination and Remuneration Committee, due to his other obligations and responsibilities. Mr. Chai Wattanasuwan has resigned from his position as Independent Director, Risk Management Committee Member, Nomination and Remuneration Committee Member and Chairman of the Audit Committee, due to his other obligations and responsibilities. Tillkännagivande • Aug 21
K.C. Property Public Company Limited Approves the Appointment of Teera Panchamawat as Director The Board of Directors' Meeting of K.C. Property Public Company Limited held on 20 August 2024 which passed the significant resolutions as summarized: Approved to the appointment of Mr. Teera Panchamawat as the Director replacing the resigned Director effective from August 20, 2024 onwards, with the same term of office as the remaining term of the resigned Director. Reported Earnings • Aug 15
Second quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.003 loss in 2Q 2023) Second quarter 2024 results: ฿0.01 loss per share (further deteriorated from ฿0.003 loss in 2Q 2023). Revenue: ฿18.7m (down 73% from 2Q 2023). Net loss: ฿24.6m (loss widened 103% from 2Q 2023). Tillkännagivande • Aug 14
K.C. Property Public Company Limited Appoints Amornsak Wisitwuttipong as Company Secretary K.C. Property Public Company Limited announced that the Board of Directors meeting K.C. Property Public Company Limited No. 13/2024 on August 14, 2024 it was resolved to appointment Mr.Amornsak Wisitwuttipong to the Company Secretary with responsibilities by the law and will be effective from August 14, 2024 onwards. New Risk • Aug 05
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿318.4m (US$9.03m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (16% average weekly change). Market cap is less than US$10m (฿318.4m market cap, or US$9.03m). Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Revenue is less than US$5m (฿176m revenue, or US$5.0m). Buy Or Sell Opportunity • Aug 05
Now 23% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to ฿0.07. The fair value is estimated to be ฿0.091, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 52%. Tillkännagivande • Jul 31
K.C. Property Public Company Limited Announces Resignation of Mr. Santi Piyatat as Director K.C. Property Public Company Limited announced resignation of Mr. Santi Piyatat as company director due to other missions. Effective from 26 July 2024. Tillkännagivande • Jun 25
K.C. Property Public Company Limited Appoints Amornsak Wisitwuttipong as CFO K.C. Property Public Company Limited announced the appointment of Mr. Amornsak Wisitwuttipong (Acting) as CFO. Effective Date of Appointment: May 8, 2024. Position of CFO: Deputy Managing Director of Accounting and Finance (Acting). Tillkännagivande • Jun 19
K.C. Property Public Company Limited announced that it expects to receive THB 650 million in funding from Advance Capital Partners Asset Management Private Limited, ZICO Asset Management Pte. Ltd. K.C. Property Public Company Limited announced a private placement of convertible debenture for gross proceeds of not more than TBH 650,000,000 on June 18, 2024. The transaction included participation from new investors Advance Opportunities Fund, a fund managed by Advance Capital Partners Asset Management Private Limited, Advance Opportunities Fund I, a fund managed by ZICO Asset Management Pte. Ltd. The transaction has been approved at the extraordinary general meeting of the company. Buy Or Sell Opportunity • Jun 11
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to ฿0.10. The fair value is estimated to be ฿0.081, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 20% over the last 3 years. Earnings per share has grown by 52%. Reported Earnings • May 15
First quarter 2024 earnings released: ฿0.01 loss per share (vs ฿0.003 loss in 1Q 2023) First quarter 2024 results: ฿0.01 loss per share (further deteriorated from ฿0.003 loss in 1Q 2023). Revenue: ฿20.3m (down 56% from 1Q 2023). Net loss: ฿49.6m (loss widened 420% from 1Q 2023). Tillkännagivande • May 08
K.C. Property Public Company Limited Appoints Vichai Satjaharuthai as the Managing Director K.C. Property Public Company Limited at its board meeting held on May 7, 2024, in order to ensure management of the company continuously, therefore, the Board of Directors has appointed Mr. Vichai Satjaharuthai as the Managing Director, which will be effective from May 7, 2024 onwards. Tillkännagivande • May 03
K.C. Property Public Company Limited Announces Resignation of M.R. Sasiprin Chandratat as Acting Managing Director K.C. Property Public Company Limited approved of M.R. Sasiprin Chandratat resigned from the position of the Acting Managing Director, which is effective from 2rd May 2024 onwards. Tillkännagivande • Apr 26
K.C. Property Public Company Limited Approves Board Changes K.C. Property Public Company Limited at its AGM held on April 24, 2024, approved the appointment of Mr. Apisak Saengsrijun to replace Mr.Kumjorn Pattanacheirn, a director whose term has expired according to the agenda and did not receive approval to be re-elected; the appointment of Mr. Apichai Phanthumar to replace Dr.Chanokamon Vanichayachart, a director whose term has expired according to the agenda; the appointment of Mr. Wichai Satjaharuthai and Miss Nannicha Pilatchit as a director. Tillkännagivande • Mar 16
K.C. Property Public Company Limited, Annual General Meeting, Apr 24, 2024 K.C. Property Public Company Limited, Annual General Meeting, Apr 24, 2024, at 10:30 SE Asia Standard Time. Agenda: To consider Approval of the 2023 EGM minute No.01/2023 holding on June 30, 2023; acknowledgement of the Company's performance yearly 2023; Approval of the financial statement yearly 2023 ended December 31, 2023; Approval of yearly omissive dividend payment for performance 2023; Approval of the direct or election instead of expired directors; Approval of the remuneration of directors and subdirectors yearly 2024; Approval of the auditor appointment and remuneration yearly 2024; Other agenda (if any). Tillkännagivande • Mar 12
K.C. Property Public Company Limited Announces Board Changes K.C. Property Public Company Limited announced the resignation of the following directors, effective from March 11, 2024, onwards: M.R. Sasiprin Chandratat has resigned from his position as Chairman of the Board, Chairman of Risk Management Committee, due to his other obligations and responsibilities. Mr. Kittichat Intharakaset has resigned from his position as Independent Director, Audit Committee and The Chairman of Nomination and Remuneration Committee, due to his other obligations and responsibilities. Reported Earnings • Mar 01
Full year 2023 earnings released: ฿0.02 loss per share (vs ฿0.025 loss in FY 2022) Full year 2023 results: ฿0.02 loss per share (improved from ฿0.025 loss in FY 2022). Revenue: ฿201.5m (up 1.3% from FY 2022). Net loss: ฿65.8m (loss narrowed 26% from FY 2022). Reported Earnings • Nov 15
Third quarter 2023 earnings released: ฿0.01 loss per share (vs ฿0.007 loss in 3Q 2022) Third quarter 2023 results: ฿0.01 loss per share. Revenue: ฿52.2m (down 1.6% from 3Q 2022). Net loss: ฿18.6m (loss narrowed 25% from 3Q 2022). New Risk • Oct 22
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 26% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (15% average weekly change). Minor Risks Shareholders have been diluted in the past year (26% increase in shares outstanding). Market cap is less than US$100m (฿545.8m market cap, or US$15.0m). Reported Earnings • Aug 14
Second quarter 2023 earnings released: ฿0.017 loss per share (vs ฿0.005 loss in 2Q 2022) Second quarter 2023 results: ฿0.017 loss per share. Revenue: ฿69.2m (up 68% from 2Q 2022). Net loss: ฿12.1m (loss narrowed 38% from 2Q 2022). New Risk • Aug 11
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ฿325.2m (US$9.26m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Market cap is less than US$10m (฿325.2m market cap, or US$9.26m). Minor Risk Revenue is less than US$5m (฿163m revenue, or US$4.6m). Tillkännagivande • Jan 27
K.C. Property Public Company Limited Approves the Appointment of Thunchira Wannavichit as Company Secretary The Board of Directors' meeting K.C. Property Public Company Limited held on January 26, 2023, it was resolved to appointment Miss. Thunchira Wannavichit to be the company secretary with responsibilities by the law and will be effective from 26 January 2023 onwards. Tillkännagivande • Dec 24
K.C. Property Public Company Limited Announces Resignation of Wisuda Chuaybamrung as Acting Deputy Managing Director of Accounting and Finance K.C. Property Public Company Limited announced resignation of Miss Wisuda Chuaybamrung as Acting Deputy Managing Director of Accounting and Finance. Effective Date of Termination is December 22, 2022. Tillkännagivande • Dec 22
K.C. Property Public Company Limited Announces Board Resignations K.C. Property Public Company Limited announced that (1) Mr. Rujcharin Tongyai has resigned from the position of The Chairman of the board of director and The Chairman of the Risk Management Committee and (2) Mrs. Uncharee Vimolsilp has resigned from the position of independent director, Audit Committee, Risk Management Committee and Nomination and Remuneration Committee due to other missions, unable to perform duties fully. Their resignation is effective from December 21, 2022 onwards. Tillkännagivande • Dec 16
K.C. Property Public Company Limited Announces Resignation of Thunchira Wannavichit as Company Secretary K.C. Property Public Company Limited announced that Miss. Thunchira Wannavichit has resigned from the position of the company secretary with effective date from December 15, 2022 onwards. The Company, moreover, is in the process of selecting a new company secretary for replacement and shall notify the Stock Exchange of Thailand accordingly. Tillkännagivande • Nov 30
K.C. Property Public Company Limited Announces Managing Director Changes K.C. Property Public Company Limited at its board meeting held on November 30, 2022, acknowledged the resignation of Mr. Santi Piyatat because he had to illness and other missions, which will be effective from November 30, 2022. Therefore, In order for manage the company continuously. The Nomination and Remuneration Committee has recruited personnel to perform duties on their behalf. and the Board of Directors has considered and resolved to assign Mr. Pongsak Mongkolrat as the Managing Director, which will be effective from November 30, 2022. Board Change • Nov 16
Less than half of directors are independent There are 9 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 9 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (7 non-independent directors). MD & Director Santi Piyatat is the most experienced director on the board, commencing their role in 2018. Independent Director Manokorn Rojanasuwan was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Tillkännagivande • Sep 17
K.C. Property Public Company Limited Announces Board Changes K.C. Property Public Company Limited acknowledged the resignation of M.R. Sasiprin Chantratat from the Director effective September 16, 2022 onwards, and approved of the appointment of Mr. Amornsak Wisitwuttipong as the Director in replacement of M.R. Sasiprin Chantratat, effective September 16, 2022 onwards. The newly appointed director shall have the term only as the remaining term of M.R. Sasiprin Chantratat. Tillkännagivande • Sep 14
K.C. Property Public Company Limited Announces Resignation of M.R. Sasiprin Chantratat as Director K.C. Property Public Company Limited informed the resignation of M.R. Sasiprin Chantratat from the Director, effective June 17, 2022 onwards. The Board of Directors will be the process of recruitment and recruit a qualified appropriate person to replace a vacancy of Company Director and will inform in further accordingly. Reported Earnings • Aug 13
Second quarter 2022 earnings released: ฿0.01 loss per share (vs ฿0.013 loss in 2Q 2021) Second quarter 2022 results: ฿0.01 loss per share (up from ฿0.013 loss in 2Q 2021). Revenue: ฿41.2m (up 105% from 2Q 2021). Net loss: ฿19.7m (loss narrowed 7.5% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 17% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Aug 10
K.C. Property Public Company Limited Announces Executive Changes K.C. Property Public Company Limited announced that the resignation of Mrs.Vichada Nitipakdi and Dr.Pornpat Rodphotong Boontanom from Director and Executive Committee Member, effective August 8, 2022 onwards. Approved of the appointment of Mr.Manokorn Rojanasuwan has adequate expertise and experience to review creditability of the financial reports as Independent Director, Audit Committee Member and The Chairman of Nomination and Remuneration committee effective August 9, 2022 onwards. The newly appointed director shall have the term only as the remaining term of Dr.Pornpat Rodphotong Boontanom approved of the appointment of Pol. Gen. Suraphon Yoonuch as The Vice Chairman effective August 9, 2022 onwards. Approved of the appointment of Dr. Anchalee Wimonsilp and/or Mr.Manokorn Rojanasuwan Independent Director to participate in setting the board meeting agenda at its board meeting held on August 9, 2022. Tillkännagivande • Jul 22
K.C. Property Public Company Limited Announces Management Changes K.C. Property Public Company Limited adopted acknowledged the resignation of Gen. Tiwaporn Chanapanao from The Chairman of the Board of Directors, Independent Director and Audit Committee Member, effective July 19, 2022 onwards, and approved of the appointment of Associate Professor Phum Moonsilp as Independent Director, Chairman of the Audit Committee in replacement of Gen. Tiwaporn Chanapanao, effective July 21, 2022 onwards. The newly appointed director shall have the term only as the remaining term of Gen. Tiwaporn Chanapanao, acknowledged the resignation of Dr. Adul Laohapol from Independent Director, Audit Committee, Risk Management Committee and The Vice Chairman, effective July 19, 2022 onwards, and approved of the appointment of Dr. Anchalee Wimonsilp as Independent Director, Audit Committee, Risk Management Committee and Nomination and Remuneration Committee in replacement of Dr. Adul Laohapol effective July 21, 2022 onwards. The newly appointed director shall have the term only as the remaining term of Dr. Adul Laohapol, acknowledged the resignation of Mr. Chai Wattanasuwan from Independent Director, Nomination and Remuneration Committee and Chairman of the Audit Committee, effective July 19, 2022 onwards, and approved of the appointment of Pol. Gen. Suraphon Yoonuch as the Director in replacement of Mr. Chai Wattanasuwan, effective July 21, 2022 onwards. The newly appointed director shall have the term only as the remaining term of Mr. Chai Wattanasuwan, acknowledged the resignation of Mr. Karn Poonkasorn from Independent Director, Risk Management Committee and Chairman of the Nomination and Remuneration Committee, effective July 20, 2022 onwards, and approved of the appointment of Miss. Wisuda Chuaybamrung as the Director, Executive Director and Risk Management Committee in replacement of Mr. Kan Poonkasorn, effective July 21, 2022 onwards. The newly appointed director shall have the term only as the remaining term of Mr. Karn Poonkasorn and approved the appointment of Dr.Rujcharin Tongyai as The Chairman of the Risk Management Committee and The Chairman of the Board of Directors effective July 21, 2022 onwards. Tillkännagivande • Jul 15
K.C. Property Public Company Limited Announces Executive Changes K.C. Property Public Company Limited announced termination of Miss Atipa Thanajirawat as Acting Deputy Managing Director of Accounting & Finance, effective from July 11, 2022. The company also announced the appointment of Miss Wisuda Chuaybamrung as Acting Deputy Managing Director of Accounting & Finance, effective from July 12, 2022. Board Change • May 23
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 6 non-independent directors. Independent Director Karn Bhoolkesorn was the last independent director to join the board, commencing their role in 2018. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. 
