Ratchaburi Electricity Generating Holding PCL.
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The Investment Committee comprises
4 members appointed by the Board of
Directors. In 2013, the Committee consisted of
Mr. Kurukit Nakornthap, Committee Chairman,
Mr. Trakul Winitnaiyapak, Mr. Prachuab Ujjin, and
Mr. Soonchai Kumnoonsate. Mr. Peerawat
Pumthong, Chief Operating Officer served as
the secretary of the Committee. In 2013, the
Committee convened 10 meetings and all the
members attended all meetings, except for the
5/2013 meeting when Mr. Trakul Winitnaiyapak
was on a business trip overseas.
Mr. Kurujit Nakornthap
Chairman of the Investment Committee
Investment Committee’s Report
In 2013, the Investment Committee considered that the management’s proposals that have been
prepared with opinions and recommendations from experts if needed. The Committee later passed
the proposals, both related to investment and sales of assets, to the Board of Directors. Criteria for
consideration comprised the linkage with the Company’s business plan’s goal that supports its vision,
mission and policy, project feasibility, economic worthiness, including return on investment both
in cash and non-cash form, added value to shareholders and stakeholders, risks factors including
technical, financial, legal, social and environmental respects, and risk management that is kept at the
acceptable level.
The discussion, inquiries and suggestions provided in the Committee meetings were completely
independent and based on the Company’s benefits. The Committee has also monitored, followed
up and appraised the performance of each project the Company has invested in so as to ensure that
the return on investment is as planned. The Committee also plays a significant role in preventing and
solving problems that might affect project development and operations. The Investment Committee
considered that the Company’s investment decision was thoroughly and properly based on both
in-depth and in-width analysis by internal and external experts. The decisions were also made under
the good governance principles so as to ensure continuous and stable growth while being entrusted
by the public under the Company’s business commitment.
