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(2) Regularly report financial information to creditors in a correct, complete and punctual manner.
2.6 Best Practices: Treatment of Trade Partners
Director Level
Bangkok Commercial Asset Management Public Co., Ltd.
(1) Oversee and ensure that the Company develops and maintains sustainable relationship with trade partners
and contractual parties that join with the Company in building the quality, image and credibility of products and services.
(2) Encourage strict compliance with the Company’s procurement procedures to ensure fairness to all parties.
Top Management and Executive Level
(1) Encourage employees to perform their duties by seeking to develop and maintain sustainable relationship
with trade partners and contractual parties that join with the Company in building the quality, image and credibility
of products and services as follows:
- Promote competition based on availability of equal information;
- Apply the clear criteria for assessment and selection of trade partners and contractual parties;
- Ensure that trade partners are able to completely fulfill the conditions set forth in the agreements and
that there is no fraud and misconduct in the procurement process;
- Ensure that payments are punctually made to trade partners and contractual parties according to the
payment terms agreed upon.
(2) Comply strictly with the Company’s procurement procedures to ensure fairness to all parties and do not
negotiate in a deceptive or forceful manner or without principle and rationale.
(3) Undertake management on the basis of joint benefit between the Company and trade partners and do
not pay attention only to the benefit of the Company or the personal or friends’ benefit by ensuring disclosure of
true and complete information to trade partners.
Employee Level
(1) Perform duties by seeking to develop and maintain sustainable relationship with trade partners and contractual
parties that join with the Company in building the quality, image and credibility of products and services as follows:
- Promote competition based on availability of equal information;
- Apply the clear criteria for assessment and selection of trade partners and contractual parties;
- Ensure that trade partners are able to completely fulfill the conditions set forth in the agreements and
that there is no fraud and misconduct in the procurement process;
- Ensure that payments are punctually made to trade partners and contractual parties according to the
payment terms agreed upon.
(2) Perform duties on the basis of joint benefit between the Company and trade partners and do not pay
attention only to the benefit of the Company or the personal or friends’ benefit by ensuring disclosure of true and
complete information to trade partners.
2.7 Best Practices: Treatment of Business Alliances
Director Level
(1) Oversee and ensure that the Company strictly complies with the agreements made with its business
alliances, and, where the conditions mutually agreed upon could not be fulfilled, promptly instruct the executives to
so notify business alliances in order to jointly seek remedial measures.

