We aim to be the most preferred non-life insurer in Thailand
We aim to be the most preferred non-life insurer in Thailand
We aim to be the most preferred non-life insurer in Thailand
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The Company received <strong>the</strong> 2008 f<strong>in</strong>ancial statements of Asian Insurance International (Hold<strong>in</strong>g) Limited, and Asia<br />
Insurance (Cambodia) Plc. which were audited by those associated companies’ audi<strong>to</strong>rs per <strong>the</strong>ir reports dated March 20, 2009<br />
and March 30, 2009, respectively.<br />
9. Related Party Transactions<br />
Related parties means parties that directly or <strong>in</strong>directly control, are controlled by, or are under common control with <strong>the</strong><br />
Company. This <strong>in</strong>cludes associates and enterprises which have <strong>in</strong>dividuals who hold, directly or <strong>in</strong>directly, an <strong>in</strong>terest <strong>in</strong> <strong>the</strong> vot<strong>in</strong>g<br />
rights which gives <strong>the</strong>m significant <strong>in</strong>fluence over <strong>the</strong> Company, as well as key management personnel, direc<strong>to</strong>rs and mem<strong>be</strong>rs of<br />
<strong>the</strong> immediate family of any such <strong>in</strong>dividual.<br />
In consider<strong>in</strong>g each possible related party relationship, attention is directed <strong>to</strong> <strong>the</strong> substance of <strong>the</strong> relationship, and not<br />
merely <strong>the</strong> legal form.<br />
The relationship <strong>be</strong>tween <strong>the</strong> Company and its related parties are summarised <strong>be</strong>low:<br />
Name of Related Parties Type of Bus<strong>in</strong>ess Relationship with <strong>the</strong> Company<br />
Bangkok Bank Pcl. Bank<strong>in</strong>g Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Charoong Thai Wire and Cable Pcl. Electrical Products Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Furukawa Metal (<strong>Thailand</strong>) Pcl. Electrical Products Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Thai Re<strong>in</strong>surance Pcl. Insurance Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Bumrungrad Hospital Pcl. Health Care Services Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Bangkok Life Assurance Pcl. Life Insurance Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Bangkok Glass Co., Ltd. Packag<strong>in</strong>g Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Sorachai Vivatn Co., Ltd. Property Development Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
EMCS Thai Co., Ltd. Professional Services Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Bang Pa-In Golf Co., Ltd. Enterta<strong>in</strong>ment & Recreation Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Thai Insurers Datanet Co., Ltd. Professional Services Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Thai Metal Process<strong>in</strong>g Co., Ltd. Electronic Parts Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
Thai Orix Leas<strong>in</strong>g Co., Ltd. F<strong>in</strong>ance Related by way of common direc<strong>to</strong>rs and sharehold<strong>in</strong>g<br />
AIOI Bangkok Insurance Co., Ltd. Non-<strong>life</strong> Insurance Related by way of sharehold<strong>in</strong>g<br />
Asia Insurance (Investments) Limited Hold<strong>in</strong>g Company Related by way of sharehold<strong>in</strong>g<br />
Asia Insurance (Cambodia) Plc. Non-<strong>life</strong> Insurance Associate<br />
Asian Insurance International (Hold<strong>in</strong>g) Limited Hold<strong>in</strong>g Company Associate<br />
Bualuang Securities Pcl. Securities Subsidiary of <strong>the</strong> major shareholder of <strong>the</strong> Company<br />
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