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BEC_2009_058-104 BEC WORLD PCL Annual Report 2009 Pg058-104
49
58 ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED LIST OF TOP TEN LARGEST SHAREHOLDERS As at 28 September 2009, the latest closing of the company share registrar within the last fiscal year. Name of the shareholders No. of shares held Percentage 1. MALEENONT GROUP* 1,131,860,000 56.59 2. HSBC (SINGAPORE) NOMINEES PTE LTD 104,871,385 5.24 3. CHASE NOMINEES LIMITED 42 96,020,570 4.80 4. Thai NVDR Company Limited 48,025,623 2.40 5. THE BANK OF NEW YORK (NOMINEES) LIMITED 45,943,348 2.30 6. STATE STREET BANK AND TRUST COMPANY 41,992,976 2.10 7. SOMERS (U.K.) LIMITED 26,955,900 1.35 8. CHASE NOMINEES LIMITED 1 19,145,950 0.96 9. STATE STREET BANK AND TRUST COMPANY FOR AUSTRALIA 16,835,993 0.84 10. MELLON BANK,N.A. 15,604,500 0.78 Remark: * Detail of the Maleenont Group is as follow: 1. Mr.Prasan Maleenont holds 157,140,000 shares which is 7.86%. 2. Mr.Pravit Maleenont holds 228,400,000 shares which is 11.42%. 3. Mr.Prachum Maleenont holds 157,140,000 shares which is 7.86%. 4. Ms.Ratana Maleenont holds 157,160,000 shares which is 7.86%. 5. Ms.Nipa Maleenont holds 117,740,000 shares which is 5.89%. 6. Ms.Amphorn Maleenont holds 157,140,000 shares which is 7.86%. 7. Ms.Tracy Ann Maleenont holds 78,570,000 shares which is 3.93%. 8. Ms.Cathleen Maleenont holds 78,570,000 shares which is 3.93%. The company has members of Maleenont family – The Maleenont, as majority shareholder that could set management policy and control business operation of the Company, significantly, whereby BEC World is the main business of the Maleenont. AMENDMENT IN INFORMATION OF THE EXECUTIVE OFFICERS: In February 2010, the Company sent a letter to the Office of SEC regarding the Company’s disclosure of personal information of 7 officers beyond the definition of “the Executive Officers”, i.e., (1) Mr. Panithan Tosnaitada, (2) Mr. Somrak Narongvichai, (3) Mr. Borisut Puranasamriddhi, (4) Mr. Pisanu Ruangrajitpakorn, (5) Dr. Apinya Kangsanarak, (6) Mr. Natthrapong Pisitphadhrikul and (7) Mr. Nopphadol Khemayotin. CHANGE IN HOLDING OF THE COMPANY’S SHARES BY DIRECTORS AND EXECUTIVES: At the end of 2009, there was no change in shareholding by any Director and Executive.
Transcript
Page 1: Bec 09 058 104

58 ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

LISTOFTOPTENLARGEST SHAREHOLDERS

As at 28 September 2009, the latest closing of the company share registrar within the last fiscal year.

Name of the shareholders No. of shares held Percentage

1. MALEENONT GROUP* 1,131,860,000 56.59

2. HSBC (SINGAPORE) NOMINEES PTE LTD 104,871,385 5.24

3. CHASE NOMINEES LIMITED 42 96,020,570 4.80

4. Thai NVDR Company Limited 48,025,623 2.40

5. THE BANK OF NEW YORK (NOMINEES) LIMITED 45,943,348 2.30

6. STATE STREET BANK AND TRUST COMPANY 41,992,976 2.10

7. SOMERS (U.K.) LIMITED 26,955,900 1.35

8. CHASE NOMINEES LIMITED 1 19,145,950 0.96

9. STATE STREET BANK AND TRUST COMPANY

FOR AUSTRALIA 16,835,993 0.84

10. MELLON BANK,N.A. 15,604,500 0.78

Remark: * Detail of the Maleenont Group is as follow:

1. Mr.PrasanMaleenontholds 157,140,000 shareswhichis 7.86%.

2. Mr.PravitMaleenontholds 228,400,000 shareswhichis 11.42%.

3. Mr.PrachumMaleenontholds 157,140,000 shareswhichis 7.86%.

4. Ms.RatanaMaleenontholds 157,160,000 shareswhichis 7.86%.

5. Ms.NipaMaleenontholds 117,740,000 shareswhichis 5.89%.

6. Ms.AmphornMaleenontholds 157,140,000 shareswhichis 7.86%.

7. Ms.TracyAnnMaleenontholds 78,570,000 shareswhichis 3.93%.

8. Ms.CathleenMaleenontholds 78,570,000 shareswhichis 3.93%.

ThecompanyhasmembersofMaleenont family–TheMaleenont,asmajorityshareholder thatcouldset

managementpolicyandcontrolbusinessoperationoftheCompany,significantly,wherebyBECWorldisthe

mainbusinessoftheMaleenont.

AMENDMENT IN INFORMATION OF THE EXECUTIVE OFFICERS:InFebruary2010,theCompanysent

a letter to theOfficeofSEC regarding theCompany’sdisclosureofpersonal informationof7officersbeyond the

definitionof“theExecutiveOfficers”,i.e.,(1)Mr.PanithanTosnaitada,(2)Mr.SomrakNarongvichai,(3)Mr.Borisut

Puranasamriddhi,(4)Mr.PisanuRuangrajitpakorn,(5)Dr.ApinyaKangsanarak,(6)Mr.NatthrapongPisitphadhrikul

and(7)Mr.NopphadolKhemayotin.

CHANGE IN HOLDING OF THE COMPANY’S SHARES BY DIRECTORS AND EXECUTIVES: Attheendof2009,therewasnochangeinshareholdingbyanyDirectorandExecutive.

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59ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

SeniorVicePresident*-Finance&Accounting

Board of Directors

SeniorVicePresident*

-TVProgram

SeniorVicePresident*

-Production

SeniorVicePresident*

-Marketing&Sales

SeniorVicePresident*

-Radio

SeniorVicePresident*

-NewMedia

SeniorVicePresident*

-Information&Technology

SeniorVicePresident*-HumanResource

SeniorVicePresident*-Administration

VicePresident

-Production

VicePresident

-Advertising

VicePresident-Business

Development&Investment

VicePresident-Finance

VicePresident

-InformationTechnology

VicePresident-HumanResource

VicePresident

-Administration

Executive Committee

Chairman of the Executive Board*

Chief Operating Officer* Vice-Chairman of the Executive Board

Vice President- Internal Audit Officer

Senior Executive Vice President* -Television Business

Senior Executive Vice President* - New Media

Organization Chart of the Company BECWorldPublicCompanyLimited.

asofDecember31,2009

MANAGEMENT

Remark:*meanstheexecutiveofficeraccordingthedefinitionof“ExecutiveOfficer”

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60 ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

1. Management Structure BECWorld ismanagedbyBoardofDirectors,which isaunitaryBoardcomprising7executivedirectors,5non

executivedirectors,notlessthan3outofwhichareindependentdirectors,whichisadequatetoaudittheCompany’s

managementasrequiredundertheCGrules.

TheBoardhasestablishedsub-committeestoassistformanagementorscrutinyofsomecertainmatters.These

sub-committeesare,ExecutiveCommittee,AuditCommitteeandNominatingCommittee.TheBoardofDirectorsisthe

highestbodyoftheCompanywhichshalldeterminevision,directionandpolicyoftheCompanyandmakedecisionfor

thebestinterestoftheCompanyandshareholdersonalongtermbasis,aswellasgivingadviceandconsideringthe

operationoftheExecutiveCommittee,whichisresponsibleformanagementandsupervisionoftheadministrationunit.

Inconductingthemanagement,theBoardofDirectorshasassignedtheExecutiveCommittee,comprising7directors,

eachofthemhasdutytosuperviseandcontrolroutineworksofeachbusinessline,dependingonexpertise,interest,

capability,andsuitabilityofeachperson.ChairmanoftheExecutiveCommitteeshallbethepersonwhoisresponsiblefor

supervisionandcontrolofthemanagement.TheExecutiveCommitteeshallcomplywithdirection/policyandprinciples

ofgoodcorporategovernancefromtheBoardofDirectorsformandimposebusinessplan.TheCOOshallmanageand

controlallperformanceoftheexecutiveofficers.

TheAuditCommitteehasdutytoauditthemanagement’sperformance.Ithasmajorroleinauditingthefinancial

reporttoensuretheaccuracyoffinancialstatementsasrequiredbythegenerallyacceptedaccountingstandard.The

accountingpolicyhasbeenproperly selectedand strictly complied,which includes the audit conducted to ensure

sufficientdisclosureofmaterialinformation,informationrelatingtoconnectedtransactionortransactionswhichmay

haveconflictofinterest.

Board of Directors Asof31December2009,theCompany’sBoardofDirectorscomprised12directors,namely,

1. Mr.VichaiMaleenont Chairman

2. Mr.PrasanMaleenont Vice-Chairman

3. Mr.PravitMaleenont Director

4. MissRatanaMaleenont Director

5. MissNipaMaleenont Non-ExecutiveDirector

6. MissAmphornMaleenont Director

7. Mr.PrachumMaleenont Director

8. Mrs.RatchaneeNipatakusol Director

9. Mr.ArunNgamdee IndependentDirector

10. Mr.PrathanRangsimaporn IndependentDirector

11. Mr.ManitBoonprakob IndependentDirector

12. Mr.MatthewKichodhan Non-ExecutiveDirector

Mr.ChatchaiThiamtong SecretaryoftheBoardofDirectors

TheBoardofDirectorsmeetingNo.4/2551dated7August2008passedaresolutionappointingMrs.Chalaiporn

ItthithavornastheCompany’sSecretary.

CVshowingexperiencesofthedirectorsandtheexecutiveofficersareShownonpage92-97.

Independent Directormeansadirectorwhoisindependentingivingopinion.TheBoardofDirectorsmeetingNo.

4/2551reviewedqualificationsoftheindependentdirectorasfollows:

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61ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

1) DirectorwhomayholdsharesintheCompanynotmorethan1%ofthetotalsharesentitledtocastvote.

2) DirectorwhodoesnothavemanagementdutyintheCompanyorsubsidiary.

3) Directorwhoisindependentfromthemanagementandthecontrollingshareholders.

4) Director who shall not be close relative or the person who has received or had interest jointly with the

management,themajorshareholdersorthecontrollingshareholders.

5) DirectorwhodoesnothavebusinessrelationshipsignificantlywiththeCompanywhichcaninfluenceopinion

tobegivenindependently.

6) Directorwhoisnottheemployeeorstaffwhohasreceivedsalaryregularlyduringtwoyearsbeforeassuming

theposition.

Authorized Directors Authorized directors are Mr. Vichai Maleeenont, the Chairman, to sign with the Company seal, or Mr. Prasan

Maleenont,Mr.PravitMaleenont,Miss.RatanaMaleenont,Mr.PrachumMaleenont,Miss.AmphornMaleenont,Miss.

NipaMaleenontandMrs.RatchaneeNipatakusol,anytwodirectorstojointlysignwiththeCompanyseal.

Scope of Authority of the Board of Directors TheBoardofDirectorsisthehighestbodyoftheCompanywhichshalldeterminevision,directionandpolicyand

makedecisionforthebestinterestoftheCompanyandshareholdersonalongtermbasis,aswellasgivingadviceand

considering theoperationof theExecutiveCommittee,which is responsible formanagementandsupervisionof the

administrationunit.Directorshallperformthedutyincompliancewithlaws,objectivesandarticlesofassociationofthe

Companyaswellasresolutionsoftheshareholdersmeetings.TheBoardofDirectorsmaydelegateoneormoredirectors

orotherpersonstoperformanyact(s)onbehalfoftheBoardofDirectors.

Measures to prevent Conflict of Interest TheBoardofDirectorshassetmeasurestopreventconflictofinterestbyrequiringdirectortoinformtheBoardof

Directorswithoutdelayifthedirectororhis/hercloserelative(s)andperson(s)relatedtothedirectorhasanyinterestin

thetransactiontobeenteredintowiththeCompany,anychangeofshareholdingoftheCompany,oranyothercompany

inthegroupwhichtheCompanyholdssharesmorethan25%ofthetotalsharesissuedofthesaidcompany.

Performance of The Board of DirectorsIn2009,theBoardofDirectorsconvened5meetings.

Name-Family Name Number of attendance time/number of meetings

1 Mr.VichaiMaleenont 4/5 2 Mr.PrasanMaleenont 5/5 3 Mr.PravitMaleenont 5/5 4 Mr.PrachumMaleenont 5/5 5 MissRatanaMaleenont 5/5 6 MissNipaMaleenont 5/5 7 MissAmphornMaleenont 5/5 8 Mrs.RatchaneeNipatakusol 5/5 9 Mr.MatthewKichodhan 3/5 10 Mr.ArunNgamdee 4/5 11 Mr.PrathanRangsimaporn 5/5

12 Mr.ManitBoonprakob 5/5

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62 ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

Executive Committee and the Executive Officers Asat31December2009,theCompany’sExecutiveCommitteecomprised7executivedirectorsasfollows:1. Mr.VichaiMaleenont ChairmanoftheExecutiveBoard2. Mr.PrasanMaleenont Vice-ChairmanoftheExecutiveBoard,ChiefOperatingOfficer3. Mr.PravitMaleenont SeniorExecutiveVicePresident,ExecutiveDirector,TelevisionBusinessDivision4. Mr.PrachumMaleenont SeniorExecutiveVicePresident,ExecutiveDirector,NewMediaBusinessDivision5. MissRatanaMaleenont ExecutiveDirector,FinanceandAccountingDivision6. MissAmphornMaleenont ExecutiveDirector,ProductionDivision7. Mrs.RatchaneeNipatkusol ExecutiveDirector,MarketingandSaleDivision

TheExecutiveOfficersaccordingtothedefinitionof“theExecutiveOfficer”,asat31December2009comprised8executiveofficersasfollows:1. Mr.VichaiMaleenont ChairmanoftheExecutiveBoard(CEO)2. Mr.PrasanMaleenont ChiefOperatingOfficer(COO)3. Mr.PravitMaleenont SeniorExecutiveVicePresident,SeniorVicePresident,TelevisionBusinessDivision4. Mr.PrachumMaleenont SeniorExecutiveVicePresident,SeniorVicePresident,NewMediaBusinessDivision5. MissRatanaMaleenont SeniorVicePresident,FinanceandAccountingDivision6. MissAmphornMaleenont SeniorVicePresident,Production7. Mrs.RatchaneeNipatkusol SeniorVicePresident,MarketingandSaleDivision8. Mr.ChatchaiThiamtong VicePresident,Finance

Remark:Withrespecttotheamendmentoftheexecutiveofficers’information,inFebruary2010,theCompanysentalettertotheOfficeofSECregardingtheCompany’sdisclosureofpersonalinformationof7officersbeyondthedefinitionof“theExecutiveOfficers”,i.e.,(1)Mr.PanithanTosnaitada,(2)Mr.SomrakNarongvichai,(3)Mr.BorisutPuranasamriddhi,(4)Mr.PisanuRuangrajitpakorn,(5)Dr.ApinyaKangsanarak,(6)Mr.NatthrapongPisitphadhrikuland(7)Mr.NopphadolKhemayotin.

Scope of Authority of the Executive Committee and the Executive Officers TheBoardofDirectorshasappointed theExecutiveCommittee tobeaworkinggroup responsible for routinemanagementoftheCompany.Currently,theCompany’sExecutiveCommitteecomprised7directors,eachofthemhasduty tosuperviseandcontrol routineworksofeachbusinessunit,dependingonexpertise, interest,capability,andsuitabilityofeachperson.Theyalsoholdpositionsofdirectorsinsubsidiaries.ChairmanoftheExecutiveCommitteeshall be the person who is responsible for supervision and control of the Executive Committee. The ExecutiveCommitteeshallobtaindirection/policyandprinciplesofgoodcorporategovernancefromtheBoardofDirectorstodeterminetheoperationplanwiththeChiefOperatingOfficerresponsibleforsupervisionandcontroloftheexecutiveofficers’managementandperformance.TheBoardofDirectorshasdelegatedauthoritytotheExecutiveCommitteetoperformthedutyonbehalfoftheBoardofDirectors.However,forcertainmatterswhichareneworrelatetomorelineofcommands,theExecutiveCommitteemayreferthemattertotheBoardofDirectorsforapprovalonacasebycasebasis,suchas,incaseofjointinvestmentwithothersfornewbusiness.

Performance of Duty of the Executive Committee and the Executive Officers TheExecutiveCommitteeandtheexecutiveofficersnormallyconvenethemeetingonceaweek.

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63ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

Audit Committee Asat31December2009,theAuditCommitteecomprised3directorsasfollows:

1.Mr.ArunNgamdee ChairmanoftheAuditCommittee

2.Mr.PrathanRangsimaporn AuditCommittee

3.Mr.ManitBoonprakob AuditCommittee

Mr.ChatchaiThiamtong,secretaryoftheAuditCommittee

Scope of Authority of the Audit Committee TheCompany’sAuditCommitteehasscopeofauthorityandresponsibilitytowardtheBoardofDirectorsasfollows:

1. ToverifyandensuretheaccuracyandsufficiencyoftheCompany’sfinancialreports;

2. ToverifyandensuretheefficiencyandsuitabilityoftheCompany’sinternalcontrolandinternalauditsystem,

consider the independency of the internal audit office, approve the appointment, transfer or terminate

employmentoftheheadofinternalauditofficeorotherrelateddivisionsresponsibleforinternalcontrol;

3. ToverifyandensuretheCompany’scompliancewithlawsregardingSecuritiesandExchangeControl,rules

andregulationsoftheStockExchangeandlawsrelatingtotheCompany’sbusinesses;

4. To consider, select, nominate for appointment of independent person to be the Company’ s auditor and

proposecompensationfortheCompany’sauditor includingtoattendthemeetingwiththeauditorwithout

themanagement’sattendanceatleastonceayear;

5. Toconsiderconnectedtransactionortransactionwhichmaybesubjecttoconflictofinteresttocomplywith

thelawsandregulationsoftheSETinordertoensuethatsuchtransactionisreasonableanddoneforthe

bestinterestoftheCompany;

6. To prepare the Audit Committee’s report for disclosure in the Company’s annual report. The Audit

Committee’sReportisonpage4-5.

7. ToperformanyotherdutiesasassignedbytheBoardofDirectorsandasagreedbytheAuditCommittee.

Performance of Duty of the Audit Committee In 2009, the Committee convened 7 meetings.

Name-Family Name Number of attendance time/number of meetings

1. Mr.ArunNgamdee 7/7

2. Mr.PrathanRangsimaporn 7/7

3. Mr.ManitBoonprakob 7/7

The Nominating Committee Asat31December2009,theNominatingCommitteecomprised3directorsasfollows:

1.MissRatanaMaleenont ChairmanoftheNominatingCommittee

2.Mr.PrachumMaleenont NominatingCommittee

3.Mrs.RatchaneeNipatakusol NominatingCommittee

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64 ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

Scope of Authority of the Nominating Committee TheNominatingCommitteehasscopeofauthorityandresponsibilitytowardtheBoardofDirectorsasfollows:

1. TodetermineproceduresandcriteriatonominatedirectorsoftheCompany,includingtopmanagementofthe

Companyfortransparencypurpose;

2. Toselectpersonsqualifiedfornominationasnewdirectorortopmanagement;

3. ToprovideopiniontotheBoardofDirectorsandtoreporttheresultofperformancetotheBoardofDirectors

regularly.

Performance of Duty of the Nominating Committee In 2009, the Nominating Committee convened 1 meeting.

Name-Family Name Number of attendance time/number of meetings

1. Miss Ratana Maleenont 1/1 2. Mr. Prachum Maleenont 1/1 3. Mrs. Ratchanee Nipatakusol 1/1

2. Nomination of Directors and Executive Officers InaccordancewiththeCompany’sarticlesofassociation,itspecifiesthattheCompanyshallhavenotlessthan5

directors, not less than half of them shall have domicile within the Kingdom. Directors shall be appointed by the

shareholdersmeeting. Ineveryannualgeneralshareholdersmeeting,onethirdof thedirectorsshall retire fromthe

directorundertermoftheirrotationperiod.NominationofdirectorsshallbeinaccordancewiththeCompany’sarticles

ofassociationwhichprovidethateachshareholdershallhavevote,equivalenttothenumberofsharesheldbyhim/

her.Theshareholdersmayexercisetheirrightstocastallvotestoselectoneormoredirectors,buttheymaynotsplit

theirvotes.Thecandidate(s)whoreceivehighestscores,respectively,shallbeappointedasdirectorsinthenumber

required forsuchterm. Incasepositionofdirector isvacant foranyreason,other thanbyrotationterm,under the

articlesofassociation,theappointmentofdirectorstofillinsuchvacancyshallbeundertaken,unlesstheremaining

termof suchdirector is less than2months. In this connection, theNominatingCommittee shall proposenameof

person to theBoardofDirectors for further appointment.With respect tonominationof theexecutiveofficers, the

selection process may be conducted by supervisor in chain of command, or through the Nominating Committee,

dependingupontheposition.However,inthepast,change(s)inthepositionofexecutiveofficersisnotquiteoften.

3. Compensation of Directors, Management in 2009Monetary Compensation for the Directors and Management At the end of 2009, the Company had 12 directors and had 8 executive officers, 7 of them were also the

Company’sdirectors.

TheCompany’sdirectorsandmanagementreceivedmonetarycompensationin2009asfollows:

(a) Compensationtodirectors

ThecompensationwasBaht15,790,000.-asmeetingallowanceandremuneration.

(b) Aggregateamountofcompensationtoallexecutiveofficers

The compensation was Baht 47,192,896.-(i.e., salary, bonus, vehicle allowance and contribution to

providentfund).

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65ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

Table showing compensation to directors in 2009. In2009, theBoardofDirectorsconvened5meetings, theAuditCommitteeconvened7meetingsand the

Nominating Committee convened 1 meeting. The meeting details and the amount of compensation can be

summarizedasfollows:

Name-Family name Meeting Allowance Remuneration Total

1. Mr.VichaiMaleenont 60,000 2,082,000 2,142,000

2. Mr.PrasanMaleenont 50,000 1,227,250 1,277,250

3. Mr.PravitMaleenont 50,000 1,227,250 1,277,250

4. Mr.PrachumMaleenont 60,000 1,227,250 1,287,250

5. MissRatanaMaleenont 60,000 1,227,250 1,287,250

6. MissNipaMaleenont 50,000 1,227,250 1,277,250

7. MissAmphornMaleenont 50,000 1,227,250 1,277,250

8. Mrs.RatchaneeNipatakusol 60,000 1,227,250 1,287,250

9. Mr.ArunNgamdee 110,000 1,100,000 1,210,000

10. Mr.PrathanRangsimaporn 120,000 1,000,000 1,120,000

11. Mr.ManitBoonprakob 120,000 1,000,000 1,120,000

12. Mr.MatthewKichodhan 30,000 1,227,250 1,257,250

Other compensations, suchas,stockoptionplan,convertiblesecurities,debentureorotherbenefitswhichthe

managementreceivedfromtheCompany

-None-

4. Corporate GovernanceCorporate Governance (CG) Compliance ReportBEC World PLC2009

Section 1 Shareholder Rights 1. TheBoardofDirectorshasprescribedCGpolicyregardingshareholderrightsandtreatmenttoshareholderas

follows: 1.1TheCompanyshallhonor rightsand treatment toshareholderandallgroupsof interestedpartywith

honesty,equalityandfairness. 1.2TheCompanyshalloperatethebusinesswithtransparency,whichcanbeexaminedandshalldisclose

sufficientinformationtoallrelatedpartiescorrectly,notmisleadinginmaterialinformation.TheCompanyshallnotconcealanyinformationwhichshouldbenotified.Theinformationtobedisclosed/notifiedmustbeuptodateandcommunicatedwithinduetimeandthoroughly.

TheBoardofDirectorshascontrolledtheCompany’ssecretarialworksandtheInvestorRelations(“IR”)UnittoensuretheapplicationoftheCGpolicytoprotectshareholderrightsandalsoencourageallshareholderstoexercisetheirrightsi.e.righttoreceivedividend,righttoreceiveupdatedbusinessinformationdisseminatedviatheStockExchangeofThailand’sELCIDsystemandtheCompany’swebsite,www.becworld.com,toenableallshareholdersandinvestorstoreceivesuchinformationinduecourse.Itmustprovidesufficientinformationbeneficialfortheirinvestmentanddecisions,encouragingshareholderstoexercisetheirrightstoattendthe

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66 ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

meetings,castingtheirvotingrights,sharingtheirviewsinshareholdersmeeting,includingexercisingtheirrightstovotefordirectorappointment,directorcompensation,auditorappointmentandauditorfee,including,exercisingtheirrightstomakedecisionsonmaterialtransactions,havingconsiderableimpactontheCompany.

2. TheBoardofDirectorshascontrolledtheCompany’ssecretarialworksandtheIRUnittoprotectshareholders’rightsmorethanthoserequiredbylaws,suchas,therighttoreceivesufficientinformationtomakedecision,whichshallbeupdated,correct,completeandtransparent.Todisseminatesuchinformationcomprehensivelyandinappropriatetime,theBoardofDirectorshasarrangedtodisseminatetheinformationontheCompany’swebsite,www.becworld.com,includingallowingtheshareholderstovisittheCompany.TheCompanyhasalsomadePRnewsregardingbusinessdevelopmentofthegroupintheformsofbusinessand/orentertainmentnewsbroadcastedonChannel3,whichhasbeenoperatedbythegroup,newsinbusinessandentertainmentsectionsofnewspapers,allofwhichhavebeenhighlyeffectiveandreadilyaccessiblemediaforpeopleinnationwide.

3. In2009AnnualGeneralShareholdersmeeting,theCompanyfacilitatedallshareholderstoexercisetheirrightsinattendingthemeetingandcastingtheirvoteswithoutanyrestrictionordeteriorationoftheshareholder’srightstoaccesstheCompany’sinformationrequiredfordisclosure.Therewasnodistributionofadditionalinformationwithoutpriornotice,noadditionalagendaoramendmentofanymaterialinformation.TheCompanyalsoallowedshareholderswhocamelatetoattendthemeeting.

4. TheCompanyhasinformedinformationregardingtheresolutionoftheBoardofDirectorstocallforthe2009AnnualGeneralshareholdersmeetingthroughELCIDsystembyattachingdraftoftheinvitationletterregardingtheshareholdersmeetingasapprovedbytheBoardofDirectors,thecontentsofwhichcontainedallinformationrelatingtodate,time,placeandagendasofthemeeting,aswellas,resolutionsoftheBoard,sent40daysinadvancepriortotheshareholdersmeetingdateandaccordinglydisseminatedthroughtheCompany’swebsite,immediately,afternotifyingthesaiddetailstotheSET.

5. TheCompanyhasassignedThailandSecuritiesDepositoryCo.,Ltd.(“TSD”),actingastheCompany’sShareRegistrartodelivertheinvitationletter,callingfortheshareholdersmeetingtoshareholderswithin14daysinadvancepriortotheshareholdersmeeting.

6. TheCompanyhasdiscloseditsinformationviatheCompany’swebsite,andupdatedallinformationconsistentlytoenabletheshareholderstoreviewandstudytheCompany’sinformationthoroughthischannel.

7. Inthe2009shareholdersmeeting,theChairmanallocatedthemeetingtimeproperlyandallowedtheshare-holderstoexpresstheirviewsandmakeenquiriestothemeetinginaccordancewiththeagendas,freely.ThedetailsofwhichcanbeviewedfromMinutesoftheshareholdermeetingontheCompany’swebsite.

8. In2009shareholdersmeeting,ChairmanofvariousSub-Committees,comprisingChairmanoftheAuditCom-mitteeandChairmanoftheNominatingCommitteealsoattendedthemeeting,givinganopportunitytotheshareholderstomakeenquiriesinallrelatedmatters.ThedetailsofwhichcanbeviewedfromtheShareholdermeetingMinutesontheCompany’swebsite.

9. TheCompanyisawareoftheimportanceofunlawfulutilizationofinsiderinformationwhichcreatesunfairnessagainstshareholders.TheBoard,therefore,hassetapolicyinrelationtothismatterandnotifiedalldirectors,managementandmanagementofficersinvolvingsuchinsiderinformationfortheiracknowledgement.Inthisconnection,director/management/officer,havingknowledgeregardingfinancialstatusoftheCompanyanditsgroup,includinganyotherinformationhavinganeffectontradingpriceoftheCompany’sstock,whichhasnotbeenpubliclyavailable,shallnotenterintoanysaleorpurchasetransactionoftheCompany’sstocksatleast2weeksbeforeannouncementoftheoperatingresultineachquarterorbeforefilingsuchinformationtoSET.Alldirectorsandmanagement,responsibleforfilingreportofstockacquisitionwiththeOfficeofSEC,shallsubmitcopyofthesaidreporttotheCompanySecretarytoinformanymodificationinsecuritiesholdingtotheBoardforacknowledgementineverymeeting.In2009,everyoneprovidedfullcooperationandfullycompliedwiththeCompany’spolicy.

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67ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

TheBoardhasprescribed“aConflictofInterestPolicy”byrequiringalldirectorsandmanagement,includingallrelatedpersonsofthedirectorsandthemanagement,havinganyinterestinanytransactionenteredintowithanycompanyinthegroup,shalldisclosesuchinformationtogetherwithalldocumentstotheCompanySecretaryimmediatelyuponknowingthesaidinformationinordertoproposeforacknowledgementofCompany’sBoardofDirectorstomakefurtherdecisionforbenefitoftheCompany.ToenabletheCompanytobeindependentinmakingsuchdecision,directorormanagementwhohasaconflictofinterest,shallnotparticipateinmakingadecisionoveranytransactionbetweentheCompanyandhim/herself,asapersonwhohasaconflictofinterest.

Section 2 Equal Treatment to all Shareholders Inthe2009shareholdersmeeting,theCompanyseriouslypaidattentiontoequaltreatmenttoallsharehold-

erswithoutdiscrimination.TheCompanydulycompliedwithCGguidanceimposedbytheOfficeofSECandSETbyholdingashareholdersmeetingonApril29,2009,havingdetailsasfollows:

Before the Shareholders Meeting 1. The Board has given all shareholders an opportunity to exercise their rights by opening communication

channel for them to contact the Company and the Board through the Company’ s website,www.becworld.com,orIRUnitate-mailaddress:[email protected] office, Maleenont Tower Building. Should any shareholder wish to express his/her opinion,suggestionormakinganyenquiry, heor she shall have the right todo so via the abovemethods.Uponreceivinganyrequestfromtheshareholder,theCompany,bytheCompanySecretaryoffice,mayproposethesaidmattertotheCompany’sBoardofDirectorsforconsiderationwithinmeetingagendainduetimepriortotheBoardrequestforannualgeneralshareholdersmeeting.

In 2009, there have been no shareholders proposed any matter(s) to be included in agendas for themeetings,orproposeanycandidatetobeappointedasdirector.

2. TheCompanyhasestablished the IRUnit to contact, coordinate,manageandprovideany information forshareholdersandgeneral investors.The IRUnithasorganizedvariousactivitiesbeneficial toshareholdersandgeneral investorsof theCompany, (pleaseseeSection4,page74-76). Inaddition, theCompanyhasexploitedtheSET’sELCIDsystemtonotifysuchinformationtotheshareholdersaswell.

3. In caseany shareholderproposesanyagenda, theCompanywill receiveand consideronly agendawhichwouldbeusefultoallshareholdersontheconditionthatsuchrequestispossiblefortheBoardtocomplyanditisnotcontrarytolawsandrelatedregulations.Undersuchtermsandconditions,theCompanywilladdsuchrequestasmeetingagenda,accordingly,includingdirectoropinionregardingsuchmatter.Withrespecttodirector appointmentproposal,NominatingCommitteewould considerqualificationsof each candidateproposedby shareholder inaccordancewithselectionprocess imposedby theCompanyprior toCompany’sBoardconsideration.

4. In case the Board opines that such matter, proposed by shareholder is not useful for the sake of theshareholderorsuchrequesthastooshortperiodtoconsider,includingcandidateproposal,submittedinverylate timeanddifficult to considerqualifications in accordancewith theCompany’s criteria, theBoardwillassigntheCompanySecretarytocontactsuchshareholdertoclarifythereasonforrefusalofsuchmatertobe included in the agenda, or inform name of such candidate for acknowledgement of the shareholdersmeetingonly.

5. Otherthaninvitationlettersforshareholdersmeetingandsupportingdocumentsforshareholdersmeeting,theCompany shall deliver proxy forms togetherwith explanationof all relateddocuments required tobepresentedbyshareholder/proxyforshareholdermeetingregistrationattachedwiththeinvitationletters.

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6. WithrespecttofilingofinformationwiththeSETon17March2009regardingresolutiontocallforthe2009annualgeneralshareholdersmeeting,theCompanyhaspostedthedraftofinvitationletterofshareholdersmeeting,bothThaiandEnglishversion,inthelastsectionofsuchinformationdisclosure.TheCompanywillpost theoriginal invitation letters, togetherwith relevantsupportingdocuments, financial statementproxyandexplanationof thedocumentsandall requireddocuments tobepresentedby theshareholders/proxybeforecommencementoftheMeeting,andalsotheAnnualReport,havingthesamecontentsasonessenttoallshareholdersinhardcopybothinThaiandEnglishontheCompany’swebsiteon19March2009whichdisplayed all information for 40 days prior to the shareholder meeting’s date, except for supportingdocuments for the firstagenda(theminutesof2008AGM),which theCompanyhadposted itonwebsitewithin 14 days following the closing date of 2008 AGM. The last section of such information, sent toshareholdersalsoinformedallshareholdersthat,incaseanyshareholderwishestoreviewsuchinformationbeforetheMeetinginadvancepriortoreceivingtheinvitationletterandsupportingdocumentsinhardcopyform sent by registered mail, he/she can review it by logging into the Company’s website. The latestinformation posted on website was the 2008 Annual Report, both in Thai and English version; it wasuploadedonwebsite20daysaftertheshareholdermeetingdate.

7. TheCompanyhasappointedTSDtobetheCompany’sShareRegistrartodeliverall invitationletterstoallshareholders. In 2009, the Company delivered all shareholders the invitation letters 10 days in advancebeforetheshareholdermeetingdate.

8. TheCompanyhasencouragedallshareholderstoexercisetheirrightsinattendingthemeetingandcastingtheir voting rights. The Company has delivered all forms of proxy letters to all shareholders for theirconvenience.Incaseanyshareholdercannotattendthemeeting,theCompanyfacilitatedsuchshareholdersby enabling to appoint his/her proxy to attend the meeting on his/her behalf, or appointing Mr. ManitBoonprakob,anindependentdirector,appointedbytheBoardtobeanalternativeproxy.TheCompanyhasencouragedshareholderstousetheshareholderproxyformtocontroltheirvotes.

In the 2009 Shareholder Meeting, both Thai and foreign shareholders, particularly, the institutionalshareholders,appointedMr.ManitBoonprakobtobetheirproxiestoexercisetheirvotingrights.

9. The Company has published the invitation letters for the 2009 Annual General Shareholder Meeting in“Kaohoon(StockNews)”newspaperfor3consecutivedays,approximately1week,beforetheShareholdermeetingdatetocallfortheshareholdersmeeting.

10.With respect to the invitation letters for 2009 annual general shareholders meeting, the Company hasarrangedfordisclosureofinformation,supportingeachagendaproperlyforconsideration,asfollows:

Agenda for director appointment:preliminaryinformationofeachcandidate(suchasprefix,name,age,director category, educational background, experience including any informationwhichmay cause aconflictofinterestagainsttheCompany’sbusiness),positioninothercompanies.In2009,thisagendawasproposed for appointmentof the formerdirectorswhohavebeennominatedby theNominatingCommittee.Therewasnoappointmentof independentdirector thisyear.Thedirectorperformance inlastyearanddirectoropinionsforshareholders’considerationhavebeenprovidedtoallshareholdersbytheCompany

Agenda for director compensation: the Company informed the amount and category of directorcompensation,reasonstoadjustdirectorcompensation,comparisonbetweenthedirectorcompensationthisyearandlastyear.TheCompanyfixedthedirectorcompensationinmonetaryformonly,notinanyother forms of benefits. In considering the director compensation, since there is no sub-committeeappointedby theBoard for thispurpose, theBoardhas jointlyconsidered thismatterby themselves.The Board was allowed to consider their compensation, as approved by the shareholder meeting,voluntarilyand reasonably.TheBoardproperlydiscussedandexpressed theirviews forshareholders’decision.

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Agenda for auditor appointment and auditing fee: theAuditCommitteehasproposednamesof the

formerauditorandauditingfirmandalsoexplainedreasonforappointingtheformerauditor.Inaddition,

theCompanyhasprovideddetailsregardingworkingperiodoftheauditorasspecifiedinthesupporting

documentsformeeting.TheAuditCommitteefocusesonimportanceofauditorindependence,considering

appropriatenessofauditingfeeincrementalincludingreasonablerateofauditorfee.TheBoardofDirectors

hasrequestedenoughinformationineachagenda,providingtheirownopinionforshareholders’decision.

Agendafordividendallocation:Thedividendpaymentpolicyisshowninpage1oftheAnnualReport,as

wellas,inthesupportingdocumentforthisagenda.TheBoardproposedthemeetingtoallocateprofit

forlegalreservedfund,asspecifiedbylaws,andforpaymentofdividendtoshareholders.TheBoardhas

clarifiedreasonofunpaiddividendallocation,effectsontheCompanyandshareholders.TheBoardalso

hasproposedtheshareholdersmeetingtoconsiderineachagenda,respectively,toenabletheCompany

topaydividend.TheBoardofDirectorshasarrangedfordetailsofeachagenda,anddirector’sopinion.

Sufficientandclearforshareholders’decisions.

In2009,therewasnoagendatoconsiderandapproveanymaterialmatteroftheCompany,i.e.,increase/

decreaseofregisteredcapital,amendmentofarticlesofassociation,sale/dissolution/transfer/mergerof

theCompany’sbusiness.

11. Incaseanyshareholderhasanyqueryregardingcorporateagenda,theshareholdersmaysendtheirquestionsrelevanttoeachagendatotheBoardofDirectorsinadvancebeforetheMeetingdatebysendingalettertotheCompany’sBoardofDirectorsorcontactingthroughIRUnitortheCompanySecretaryorsendingthequestion(s)viatheCompany’swebsite.However,in2009,therewasnoshareholder(s),submittinganyqueryregardingtheMeetingagendastotheBoardofDirectorsinadvancebeforetheshareholdersmeetingdate.

Annual General Shareholder Meeting, April 29, 2009. 1. To facilitate all shareholders, the Company brought computer systems to assist in registering the

shareholdersattending themeeting, includingprintingofvotingcards,specifyingdetailsofattendeesandnumberofshares,havingvotingrights,ineachagenda.

2. TheCompanyconvenedtheshareholdersmeetinginaccordancewiththedate,timeandplace,aspreviouslyinformed all shareholders, without any immediate change of meeting place which might cause someshareholderstobeunabletoattendthemeeting.

3. Therewere11directorsattending theshareholdersmeeting.TheChairmancouldnotattend themeeting.However,ChairmanoftheAuditCommitteeandChairmanoftheNominatingCommittee,includingallseniorvicepresidentsof theCompany, all, attended themeeting.ViceChairman,whoalso representedasChiefOperating Officer of the Company, acting as the Chairman of the shareholder meeting. In addition, theCompanyinvitedauditorandlegalcounselortojointhemeetinginordertoclarifyandanswerallquestionsoftheshareholders.

4. TheChairmaninformedthatthequorum,consistingofrequirednumberofattendeesandshares,wasdulyconstituted to commence themeetingandalsoclarifiedvoting rightprocedures toall shareholders in theshareholdersmeeting.

5. TheCompanydidnot addanyadditional agendaswithoutnotifying the shareholders in the shareholdersmeetinginadvance.

6. The Chairman conducted the meeting in each agenda as specified in the invitation letter, sent to allshareholderswithoutanychangesoraddition.

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7. Withrespecttovoting,theChairmaninformedthemeetingtousevotingcardineachagendafortransparency,andavailableforfurtherexaminationincasethereisanyargumentraisedbyanyshareholders.TheCompanypreparedvotingcardsforeveryagenda.Agendafordirectorappointment,theCompanyprovided1votingcardper1director.For2009AGM,theCompanyalsoaskedforcooperationfromallshareholderstosubmitvotingslipfordirectorappointmentagendatotheCompanyforrecord.

8. Agendafordirectorappointment,theChairmanproposedthemeetingtoconsiderdirectorappointmenttoreplacetheformerdirectors,underrotationretire,byproposinglistofcandidatestobeconsideredbythemeetingonebyonetoenabletheshareholderstoexercisetheirrightstovotefordirectorappointment.

9. TheChairmanconductedthemeetingorderlyandproperlyallocatedthemeetingtimeforeachagenda,enablingallattendeestofreelyexpresstheirviews,suggestionincludingmakinganyinquiryordoubtinvariousmattersregardingmeetingagendaoranymattersrelatedtotheCompany.TheChairmanalsoallocatedreasonabletimefortheexecutivedirector(s)andthemanagement(s)inclarifying/answeringallquestionstoallattendees.Torespectallshareholders’rights,theChairmanhadtocontrolthemeetingandthetimespentinaneffectiveway.ForanyquerywhichwasnotrelevanttothemeetingagendaortheCompany,theChairmanwouldanswersuchqueryafterthemeetingwasfinished.For2009,theChairmanallocatedpropertimefortheexecutivedirectorsandmanagementtoanswerallqueriesduringthemeeting.

After the Shareholders Meeting Date 1. In2009AGM,theCompanySecretarywasresponsibleforpreparingallminutesoftheshareholdersmeeting,

specifyingdate,timeandplace;aquorum,dividedbyanumberofshares,anumberofshareholdersandproxy;listofdirectorsandmanagementswhoattendedthemeeting;votingprocedure;agendaandresolutionofeachagenda,classifiedasagreed,disagreedorabstained;includingqueries/suggestionfromshareholderstogetherwithcorrectandcompleteanswersfromtheBoardofDirectors.

2. TheCompanySecretaryhassubmittedtheminutesof2009AGMtoSETwithin14daysfromtheshareholdersmeetingdateandalsosubsequentlysubmittedthesametotheBoardofDirectorsmeetingNo.3/2552dated15May2009whichwasthefirstmeetingheldaftertheshareholdersmeetingdatefortheirconsiderationofcorrectnessandcompleteness.Then,theminuteswasproposedforsigningbytheauthorizeddirectorsoftheCompanyforcertification,andresubmittedtoSET.ThesaidminuteswasalsosubmittedtotheMinistryofCommercetogetherwithapprovalof2008financialstatementinMay2009.

3. AfterfilingtheminuteswithSET,theCompanywilluploadallshareholdersmeetingminutesontheCompany’swebsite.Inyear2009,theCompanyhasdisclosedtheshareholdersmeetingminutesontheCompany’swebsitewithin14daysaftertheshareholdersmeetingdatesothattheshareholders,whodidnotattendthemeeting,wouldbeawareofalldetailsofthemeetingandenabletheshareholderswhoattendedthemeetingtoexpresstheirviewsbeforethenextmeeting.

Section 3 Roles of Interested Persons TheBoardisawareoftheimportanceandrolesofallinterestedpersongroupstowardtheCompany.Therefore,

theBoardhasprescribedroleofinterestedpersonsinCGpolicy,whichtheCompanywillrespect,alloftheirrightsandprovidefairtreatmenttoallgroupsofshareholdersandinterestedpersonswithhonest,equality,fairnessandawarenessofrightsofallinterestedpersonsbyformingthepracticalpolicyasfollows:

(1) Arranging for Code of Conduct in written documents for directors, managements, and employees tounderstand ethics which the Company applies to operate the business including monitoring thecompliancewiththeCodeofConduct.

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(2) SettingaunittoberesponsibleforinterestedpersontreatmentineachgrouptoensurethatthereisaresponsibleunittoactuallyapplythesaidCodetointerestedpersons.

(3) Imposingrightsofeachgroupofinterestedpersonincludingrolesanddutiesofeachunittowardeachgroupofinterestedpersons.

Interested person treatment Treatment for Company shareholders: theBoardhasassignedtheIRUnitandtheCompanySecretaryto

beresponsiblefortakingcareofshareholdersandinvestors.Themanagementhassetapolicyforshareholdertreatmenttorealizeshareholders’rightsandtreatthemwithfairnessandequality,encouragingshareholderstoexercisetheirrights.Inoperatingbusiness,otherthanseekingonlyprofitforshareholdersinformofdividends,theBoardalsopaysattentiontoenhancevalueofbusinessentityandprosperityforshareholdersinlongtermperiodbydeclaringpolicytopaydividendsatleast90%ofnetprofit.

Treatment for internal interested persons: i.e.employeeandmanagementofCompanygrouparethemost valuable assetsof theCompany. TheBoardhasassignedHRdivision to take care all employees toreceive reasonable compensation, giving fair treatment, encouraging all employees to develop their ownknowledge,capacityandexperiencetobesuitablefortheirdutiestosucceedintheirworks,arranginggoodandsafeenvironment forworking.Foremployeebenefits, theCompanyhasarrangedthegroup insurance(i.e. life insurance,accident insuranceandhealth insurance),other thanbenefitsprovidedunder the laborlaw.Notonlyhassocial security, theCompanyalsoprovidedprovident fund,annualhealthcheck-upanduniform, etc. The Board has arranged an intranet system to increase inter-communication withinorganization.Duringtheyear2009,theoilprice,whichwasthemainfactorforproductionandtransportationbusinesses,wasincreasedcausingtheincreaseofthecostofliving,theBoardhasconsideredtoincreasethelivingcostforemployeestobesuitablefortheeconomiccondition.Inaddition,additionalbenefitsgiventoemployeeswhoworkin3southernprovincesofThailandasapprovedin2007havebeengivencontinuouslyupto2009,asfollows:1)increasingtheamountoflifeinsurance10timesmorethannormalemployees;2)allocatingaspecialallowancefor3,000–4,500Baht/person/month;andprovidingflackjackettoeveryonein2007.Also,theBoardhassupportedallemployeeswhohavefaithinBuddhismtopracticeinthedharmawithoutregardingastakingleaves.

Treatment for TV producers or TV operators or actors: Channel3operatedbyTheBangkokEntertainmentCo.,Ltd.hasassignedTVprogramDivisiontotakecareallTVproducersandactorswithapolicytotreatthemequally.DuetoTVairtimelimitsandhighnumbersofTVproducers/operatorsandanactor,themanagementhastoallocateairtimeproperlyforallTVproducers/operatorstoequallyallowthemtohaveopportunitytogenerateincomeandtoTVactorstomaintaintheirpopularities.IncasethereisagreementbetweenChannel3andTVproducer,theTVprogramDivisionhastostrictlycomplywithtermsandconditionsofagreements,suchas,completeandpunctualpaymentofcompensation.Inaddition,theTVProgramDivisionhassupportedvarioustrainingprogramsi.e.trainingfornewTVproducer,legaltrainingbycopyrightexpertstoprotecttheirowncopyrightandperformer’sright.

Treatment for Customers: i.e. advertising agency, product owners, TV program sponsor. CustomersshouldreceiveupdatedinformationonTVprogramsandshowtimeofChannel3fortheirefficientbusinessplanning.SaleDivisionof TheBangkokEntertainmentCo., Ltd. is responsible for customermanagement.TheBangkokEntertainmentCo.,Ltd.haspolicytotreatcustomerswithhonestandsinceritybyfacilitatingthemwithrapid,crediblecommitmentandkeepingconfidentiality.Distributionof informationinrelationtoTVprogramstocustomersmustbeefficient,i.e,theinformationshallcontainmaterialinformationsufficientformakingdecision,thedistributionmustbecomprehensive,equal,andtimelysincecommercialairtimeislimited.

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Treatment for Creditors: TheBECWorldgrouphasapolicy to treat all creditorsequallybyassigning

AccountingDivisiontoberesponsible formonitoringofdebtpaymentandstrictandtimelycomplyingwith

termsand conditionsunder relevant agreement tomaintaingood commercial relationship, reputationand

imageof thebusiness, includingmitigating fromanypotential penalty arising frombreachof contract. In

2009,theCompanyfullycompliedwithallagreementswithcreditors.

Treatment for competitors: TheBECWorldgrouphasapolicytogivefairtreatmenttoallTVprogram

competitorsequallyandingoodfaithandlawfulbydevelopingqualityofTVprogramsandefficiencyofTV

signal.CompetitorisasignificantfactortodrivetheCompanytocontinuouslydevelopitsproductqualityand

services.In2009,theCompanydidnothaveanydisputewithanycompetitor.

Treatment for Community/ Society: TheBECWorldgrouphasapolicy toconduct thebusinesswith

moralityandsupportThaisocietywithoutfocusingonprofitonly.Therefore,anyTVprogramprovidedbyThe

CompanygrouptobebroadcastedthroughChannel3asoperatedbyTheBangkokEntertainmentCo.,Ltd.

offersnotonlyentertainmentbutalsoknowledgeandmorality, suchas,dramaseriesbroadcasteddonot

focusonlyentertainmentbutalwayshavemoralconceptwithineachseries. Inaddition, theCompanyhas

alsoprovidedsomeusefulprogramsforwomanandkidstoencourageThaisocietytoacceptwomancapacity

andpaymoreattentiontofamily,especially,nextgenerationofoursociety.Furthermore,theBoardhaspaid

attentiontothemediaethics.AsTVstationadministeredbyTheBangkokEntertainmentCo.,Ltd.,whichis

the highest efficient media to draw attention from public nationwide, we realize that seeking various TV

programs may cause some impacts on some groups of people in society or community. TheBoardhas

assignedPRUnittoberesponsibleforpublicrelationsamongTVstations,communityandsocietytoconveyour

goodattitudeandselectsuitableTVprogramstoentertainallviewersincludinglisteningtoallopinionsand

suggestionsfromsocietyandcommunityforfurtherimprovement.

Environment: TheCompanygrouphasapolicytooperatethebusinesswithoutdestroyingenvironment,

butsupportingallcampaignsororganizationstopreserveenvironment.AsTheBangkokEntertainmentCo.,Ltd.

operatesthebusinessoftelevision,amediawithhighestcapacitytoreach96%ofthepeoplethroughoutthe

country,otherthanthoseactivitiesforenvironmentinitiatedbyTheBangkokEntertainmentCo.,Ltd.itself,

theCompanygroupalsohasapolicytosupportactivitiesandcampaignsofvarioussectors/organizations,

havingobjectivestopreservetheenvironment,byjoiningsuchactivitiesandcampaigns,i.e.,joiningwithThai

militaryforce,RoyalForestDepartmentandtheDepartmentofNationalParks,WildlifeandPlantConservation

toarrangefor“ForestRecoverybyRoyalPrestige”activityattheNationalConservedForest,leftpartforestof

PacheeRiver,AmphurChomboung,RatchaburiProvince,acitivty“RakPhaaRakNam@SamuiIsland,joining

withtheTourismAuthorityofThailandtoarrange“DeclarationtoPreserveEnvirnment”activity.Withrespect

tosocialsupportactivities,theCompanyGrouphasjoinedwiththeMinistryofCultureandDMGPublisherto

arrangefor“WearingThaiCloths–OfferingGoodBooktoMonk’sBowl”,givingto99monkstocarryongood

traditionandculture.Inaddition,theCompanygrouphasjoined“WorldNo-TobaccoDay2009”campaignto

preventteenagersfromsmokingandmakepublicawareofbadeffectofcigarette,“the16thActivityforFighting

againstColdfromWinter”byjoiningwithAirforceandSiamCommercialBanktoprovideaidtoyouthinrural

area,givingsurvivalbagsfromthePrincessPaFoundation,givingblankets,consumergoodsandarrangingfor

miniconcertfromactorsgivingrevenuefromsaleofticketsto13BorderPatrolPoliceSchoolsfortheirfurtheruse.

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Indemnification: theBoardhasimposedcompensationpackageforanyinterestedpersonwhohasbeen

injuredfromtheCompany’sviolation.Insuchcircumstance,theCompanywillappointacommitteetoconsider

compensationtoanyinjuredpersonsinreasonable,fairandefficientmeasuretomitigatesuchdamage.

Mechanism for Interested Person’s Participation:theBoardhassetprocedurestoallowallinterested

persons toparticipateby requestingall relevantunits responsible foreachgroupof interestedpersons to

arrangeformeetingandhearingfromeachgroupofinterestpersonsandreportingtotheBoardofDirectors

andrelevantsub-Committeeforacknowledgementoftheiropinionandsuggestion.TheCompanySecretaryhas

beenassignedtobeaco-ordinator.Anyinterestedpersonmaysendaproblem,opinionoranysuggestionto

theBoardandeverySub-committeethroughtheCompanySecretarydirectlyorviatheCompany’swebsite.In

addition,theBoardhascontrolledandmanagedalldivisionstodisclosesufficientinformationwithinreasonable

timetoenabletheinterestedpersontohaveparticipationefficiently.

Notification or Complaint for Illegal Transaction:theBoardhasprescribedproceduresforanotification

andcomplaintofanyillegaltransactionorimmorality,incorrectfinancialstatementordefectiveinternalcontrol

systembynotifyingsuchmatter(s)totheInternalAuditOfficetoexamineandreportsuchmattertotheAudit

Committee,subsequently.Suchcomplaintshallbedeemedtobe“confidentialinformation”,withoutdisclosing

nameofthenotifyingorcomplainingpersontopublic.TheInternalAuditOfficewillconductaninvestigationof

informationandprepareareportofsuchinvestigation.

Section 4 Information Disclosure and Transparency TheBoardhaspaid attention to informationdisclosure and transparencyby settingCGPolicy, under the

information disclosure and transparency section. The Company will conduct business with transparency and

availabletobeexaminedandshalldisclosesufficientinformationtoallrelatedpersonscompletely,correctlyand

notmisleadingor concealinganymaterialmatters. The information tobedisclosedmustbeupdated, and the

disclosuremustbetimelyandwidelydone.

Efficiency of Information Disclosure Process The Company has disseminated all material Company’s information, both financial information and

non-financialinformationcorrectly,completely,timelyandtransparentlyinaccordancewiththeregulations,

prescribed by the SET and SEC through SET and the Company’s website by updating such information,

consistently.In2009,theCompanycompiledwithallregulationscorrectlyanddidnothaveanypenaltyin

relationtotheoffenceofnon-disclosure.

To develop information disclosure system in efficiency way, IR Unit has evaluated efficiency of such

systemandimposekeyfactorforsuchvaluation.Withrespecttoreport/informationtobefiledwithindefinite

periodi.e.filingonetimeperyear,orperquarter,theCompanyattemptstoexpeditesuchsubmissiontobe

faster and also provides efficient information regarding completeness and correctness of contents and

disclosure of sufficient information for benefits of shareholders and investors. The Company has also

disclosed all information required to be disclosed under the SET rules for analysts and media, via the

Company’swebsiteassoonaswecantoenableallinterestedpersonstoaccessthesaidinformation.Incase

of amistake inpreparationanddisclosureof the information, to solve suchproblem, theCompany shall

prepare a memorandum, containing mistake issue and delay, indicating reasons and resolutions for the

benefitsof colleaguesandother relevantpersons to referanduse it for consideration inplanning for the

subsequentdisclosure.

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TheCompanydisclosed informationas specified in56-1Form in this2009AnnualReport, providing

detailsregardingdirectordutiesforthepreviousyearincludingperformanceoftheAuditCommitteeandthe

NominatingCommittee,compensationpaidtothedirectors,theexecutiveofficers,thebusinessethicsandthe

director’strainingrecord.

Quality of Financial Report:TheBoardhasmadedirectorresponsibilityreportregardingfinancialreportsigned

byChairmanasshownonpage22ofthisreport,tobeproposedtoshareholders,asspecifiedinthe2009

AnnualReporttogetherwithauditorreport.

IR Unit TheBoardhasestablishedIRUnitunderdirectcontrolofFinanceDivision,responsibleforpreparation

andsubmissionofreportsinaccordancewithregulationsoftheSETandSECincludingdisclosureofmaterial

information,bothfinancialinformationandnon-financialinformation,suchas;notifyingofmaterialresolutions

oftheBoardofDirectorsi.e.resolutiontocallfortheshareholdersmeeting;fixingthedateofclosingshare

registerbook,anddividendpayment,andetc.,providinginformationandnewsontheCompany’sactivitiesto

communicatesuchinformationtoallshareholders,investors,securitiesanalystandalsogeneralpublicwhere

theinformationtobedisclosedtimelymustbecorrect,completeandupdated.

The Board has appointed Mr. Chatchai Thiamtong, Vice President of Finance Division, to be the

authorizedpersontosigninfilingofinformationapplicationformviainformationdisclosuresystemofSET,

and to be a representative of the Management Division in providing the Company’s information to

shareholders, investors, analysts, press reporters and relatedgovernment authority including clarifyingon

any rumorbydisclosing informationwith respect to theCompany’s development in accordancewithSET

regulationsregardinginformationdisclosureoflistedCompany.

In addition, IR Unit is a coordinator between TSD - the Company Registrar to render registration

service(s) for shareholders and closing of share register book, preparation and submission of various

documentstoshareholdersviamailincludingpreparationandsubmissionofdividendcheckortransferring

dividendtoshareholdersbankaccount.

TheinvestorscancontactIRUnitat:

IR Unit located at

30thFloor,MaleenontTower

No.3199,Rama4Road,Klongton

Klongtoey,Bangkok10110

Tel:(66)2262-3635

Fax:(66)2262-3170

E-mailaddress:[email protected]

Communication channel of the Company:TheBoardhassupported IRUnitbygivinganopportunity toall

shareholders,investors,analystsandreporterstoaccesstheCompany’sinformationthroughvariouschannels,

suchas,throughtheCompany’swebsite,www.becworld.com,otherthanthroughtheSETmedia,todisclose

theCompany’sinformationtopublicwidely,whentheIRUnitdistributesanyCompany’sinformationtomedia,

analystsandinvestorsregardinginformationinthebusinessindustryandtheCompanygroup,theCompany

shallpostthesaiddocumentsontheCompany’swebsite,bothinThaiandinEnglishversion,sothatany

personmayfollowupontheCompany’sinformationandthebusinessindustryconsistently,havingdetailsas

follows:

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• Vision, information regardingbusinessoperationof theCompanygroup,Board’s report, structureof

BoardofDirectorsandshareholdingstructure,showingactualinvestment;

• Annual report, invitation letter for shareholders meeting and related documents to be sent to all

shareholdersshowingthesamedocumentsassenttoshareholdersviaregisteredmailbypostingsuch

informationontheCompany’swebsite,priortodeliveryofthesaiddocumentsviaregisteredmail.The

Company is always able topost such informationonwebsite onor before the closingdateof share

registerbookforcallingshareholdersmeeting.

• Shareholdersmeetingminutes shall bepostedon thewebsitewithin14days after the shareholders

meetingdate;

• Financial statement andnewswhich theCompanydistributes throughSET system.Such information

shallbepostedafterfilingitwithSETthroughELCIDsystem;

• Informationforanalystsandinvestorsinanyinvestormeetingshallbepostedsothatthedisclosureof

theCompany’sinformationiswidelymade.

IR Activities In2009,IRUnitarrangedandjoinedthefollowingactivities.

• Analystmeetingandpressconferenceatheadoffice,totally4timesbyholdingsuchactivitiesinthenext

following working day after filing financial statement of 2008 and financial statement of 1st – 3rd

quarterof2009.Duringalmosteverymeeting,Mr.ChatchaiThaimtong,VicePresident-FinanceDivision,

Mr. SurinKrittayapongpan,Marketing andSaleDirector of themain subsidiary of theCompany and

Mr.PravitMaleenont, anexecutivedirector, usually attended themeeting toprovide informationand

clarificationregardingoperatingresult,marketing,policy/businesstrendtotheanalystsdirectly.

• Joining activities entitled “Opportunity Day” held by SET by attending 4 meetings with minority

investors. The activitieswere arrangedafter the analystmeeting around1month toprovide current

marketinformationtominorityinvestorsotherthanmeetingfortheanalysts.

• Inaddition,theCompanyhasassignedMr.ChatchaiThaimtongtojoinsomeactivitiesheldbysecurities

companiesi.e.inJanuary2009,joiningThaiCorporateDaysinSingaporeandHongKongasarrangedby

ThanachartSecuritiesCompany, inFebruary2009, joiningTISCOCorporateDayasarrangedbyTISCO

Securities Company, in March 2009, joining JP Morgan’s Thailand Corporate Access Forum 2009 at

SukhothaiHotel,Bangkok, inSeptember2009,attendingCLSAInvestor’sForum2009asorganizedby

CLSA SecuritiesCompany, inOctober2009, joiningSETSingaporeRoadshow:EconomyRecoveryand

Domestic Playduring27-28Ovtober2009as arrangedby theSET andSiamCommercial Securities

Company.Mr.PravitMaleenont,anexecutivedirector,occasionallyjoinedthesemeetingstomeetforeign

investors.

• Inaddition,givinganopportunitytoinstitutionalinvestors,bothlocalandinternational,tovisitbusiness

entityandmeetexecutivedirectors(CompanyVisit),consistently,especiallyafterfilingtheoperatingresult

reportwithSETwhereroughlytherewere2-3institutionalinvestorsvisitingtheCompanyperweek.

Plan for conducting IR activities for 2010, havingdetailsasfollows:

1. ToarrangefortheanalystsmeetingandpressconferencefortheoperatingresultattheCompany’shead

office,ineveryquarterbyconductingsuchactivitiesonthedateafterfilingfinancialstatementwithSET

throughELCIDsystemandwithSEC.

2. TomeetwithminorityinvestorsatSETeveryquarterbysettingthedateforsuchmeetingaround30-45

daysdifferentfromthemeetingwithanalysts.

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3. TogiveanopportunitytolocalandinternationalinvestorstovisittheCompanyandmeetexecutivedirectors

(CompanyVisit)attheconvenienceofexecutivedirectors,exceptsomefinancialperiod–2weeksbefore

closingthefinancialstatements.

4. Toattendinvestoractivitiesasinvitedbysecuritiescompanies,bothlocallyandinternationallytomeet

allinvestors.ThetentativeplansaretoattendtheactivitiesforAsianinvestors,tobeheldin,eitherHong

KongorSingapore,approximatelytwice,andonceinEuropeandonceinUSA.

Section 5 Directors Responsibilities 1. Structure of Board of Directors 1.1.Thereare12membersofBoardofDirectors,comprising7executivedirectorsand5nonexecutivedirectors

providedthatamongthosedirectors,thereareatleast3independentdirectors.In2010,theCompany

shall request the shareholdermeeting to appoint2 additional independent directors to complywith

regulationsregardingsecuritiesissuanceandoffering.Aftertheadditionaldirectorsaredulyappointed,

theCompanyshallhave14directors,comprising7executivedirectorsand7nonexecutivedirectors.There

are5independentdirectors,causingtheCompanystructuretohaveatleast1/3ofindependentdirectors

fromthetotaldirectorswhichisadequatetoensuretheefficiencyoftheapplicationofCGrulesandthe

auditoftheCompany’smanagement.

1.2 TheBoardhasappointedtheNominatingCommitteetoassisttheBoardinlookingforqualifieddirector

andmanagementoftheCompanybysettingminimumcriteriaandqualificationsforqualifiedcandidateto

beamanagementanddirectoroftheCompanyinaccordancewiththeprescribedofficialandtransparent

rulesandmethods.Apartfromconsideringprofessionaldirectors,theNominatingCommitteealsolooks

forcandidatefromvariousprofessionalsinordertomaketheBoardcomprisingofqualifieddirectorswho

cansupporttheCompanygroup’sbusiness.TheNominatingCommitteeisentitledtoperformtheirduties

independentlytoproposecandidatesfordirectorshiptotheshareholdermeetingforfurtherapproval.In

casedirectorcompleteshisdirectorshipterm,theCompany,bytheNominatingCommittee,shallselect

thequalifiedcandidatetobeproposedtotheshareholdersmeetingforconsideration.In2009,therewas

noproposalfromminorityshareholderstonominateanypersonasadirectorcandidate(s).

1.3 TheBoardofDirectorsconsistsofexecutivedirectors,havingskillsinentertainmentbusinesswhereeach

ofthemisresponsiblefordifferenttaskwhichissubjecttohis/herexpertise.Eachindependentdirector

isprofessionalinacademicareaandoneofthemisaskillfulprofessionalpersoninaccountandfinancial

area.Everydirectorhascompetentknowledgeandqualificationswithdiversifiedexperiences,morality,

honestyandwillingnesstousetheirbestendeavorfortheCompany.Allofthedirectorshaveperformed

theirdutieswithbestcapacityanddedicatedthemselvesfortheCompany.ListoftheBoardofDirectors

andtheirresponsibilitiescanbeviewedonpage60-61.Listofmanagementandexecutiveofficersisshown

onpage62ofthisreport.

1.4 TheChairmanalsoassumespositionofChiefExecutiveOfficer(CEO)aswell.However,inpractice,Chief

OperatingOfficer(COO),whoisalsotheSeniorExecutiveVicePresidentshallbeassignedtomanagethe

Company.Chairman,CEOandalldirectorswillco-operateandindividuallyworkintheirownposition,

separately.ChairmanwillbepolicyleaderandCEOwillbeleaderinmanagement.

1.5 TheBoardhasimposedqualificationsof“IndependentDirector”oftheCompanybyapplyingcriteriawhich

ismorestringentthantheminimumcriteriaoftheSECbysettingshareholdingratio,lessthan1%oftotal

votingshares.Thedefinitionandqualificationof“IndependentDirector”isshownonpage60-61ofthis

reportandManagementSectionoftheAnnualReport.

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1.6 Thereare7executivedirectorsand1non-executivedirector,whoaremembersofMaleenontfamily,

amajorityshareholderoftheCompany,holdingtotally57%intheCompany.Theremainingsharesare

heldbyminorityshareholders.

1.7 For disclosureof informationof theBoard’ s structure, it is shown inAnnualReport,which clearly

indicatesdirectorsrepresentingshareholders,non-executivedirectors,independentdirectorsandexecutive

directors.

1.8 ThetermfordirectorshipbothdirectorandSub-committee,are3years,withoutlimitationofnumberof

terms.

1.9 As theexecutivedirectorshavenormal routinemanagementworks in theCompanyandsubsidiaries,

assuming the position of director in other companies may disrupt some routine works. The Board,

therefore, has set a policy that executive director may assume the position of director in other

companies,whichtheCompanyhasmadeinvestmentandhasconditionofsendingrepresentativetoact

asdirectorstojointlycontrolandmanagethecompany.Fornon-executivedirector,heshallnotassume

thepositionofdirectorinothercompaniesmorethan5listedcompanies.However,ifitisnecessaryto

assumethepositionofdirectormorethan5companies,suchdirectorhastoobtainpriorapprovalfrom

theBoardofDirectors, so that thedirector shallhavesufficient time toperformhisduty.Pleasesee

furtherdetailsofexecutivedirectorsandcontrollingperson,page92-97ofthisreport. In2009,there

wasonly1nonexecutivedirectorassumingthedirectorpositioninother2listedcompanies.

1.10 As theseniormanagementhasnormal routinemanagementworks in theCompanyandsubsidiaries,

assumingpositionasdirector inothercompanies,maydisrupthiscompany’stheroutineworks.The

Board,therefore,hassetapolicyrequiringtheseniormanagementtoseekapprovalfromtheBoardof

Directors.Theapprovalshallbegrantedifassumingsuchdirectorpositioninothercompanies,doesnot

affectCompany’sworksunderhisresponsibilityandthereshouldbelimitationofliability.Inthepast,the

CompanyusedtograntapprovaltoafinancedirectortobeanindependentdirectorandAuditCommittee

inalistedCompany.Now,noneoftheseniormanagementisadirectorinotherlistedcompanies.

1.11 The Board has appointed Mrs.Chalaipon Ittithavorn to be the Company Secretary, having minimum

responsibilityasrequiredbySecuritiesandStockExchangeAct,i.e.,meetingarrangement,preparation

andkeepingofminutes forboth theBoardofDirectors and shareholdersmeeting, including, report

regardingdirectorandmanagement’sinterest. Incasethereisanypendingissueinthemeeting,the

Company Secretary shall co-operate with various divisions to inform the Board or sub-committee

meeting resolution to the relevant divisions for their acknowledgement, aswell as to followup the

compliancethereof..TheCompanySecretaryshallalsorenderadvicerelatedtorulesandregulations

regardingmaintenanceof statusof listedcompany inSETandall relevant lawsconcerningbusiness

operationoftheCompanywhichtheBoardshallbeawareof.Inaddition,theCompanySecretaryshall

beresponsibleforactivitiesoftheBoardofDirectors,andallsub-committeescollectingandproposing

anytrainingprogramfortheBoardandcoordinatingtoprocessandfacilitatetheseminarregistration

for theBoard includingassigning to supervise IRUnit’sworkswith the responsibilities tohandleall

activitiesofshareholders/investorsandtoprovideinformationtoanalystsandinvestors.TheBoardhas

arranged for adequate number of officers at the Company Secretarial Office for assisting the

performanceoftheCompanySecretary.

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2. Sub – Committee 2.1 TheAuditCommitteeconsistsof3independentdirectors,oneofwhichhasgoodknowledge,understanding

andexperienceinaccountingandfinancearea.

2.2 TheBoardofDirectorshasapprovedroles,duties,responsibilitiesandCharteroftheAuditCommitteein

writing.

2.3 QualificationsoftheAuditCommitteeareincompliancewithregulationsofSETandSEC.

2.4 TheAuditCommitteehasconsistentlyreportedtheirperformanceresulttotheBoardofDirectorsatevery

meeting.Further,thereportofpastyearperformanceisalsoshownonpage4-5.

2.5 TheBoardofDirectorsdidnotappointanysub-Committeetoconsidercompensationpackagefordirector.

Toconsidersuchcompensationfordirector,theBoardofDirectorshasconsideredthematterbasedon

informationprovidedbytheSETrelatingtocompensationtodirectoroflistedcompanyandproposedthe

considerationresulttotheshareholdersmeeting,asshownininvitationletterforconsideration.

2.6 TheBoardhasappointedtheNominatingCommitteetolookforqualifiedcandidatetobeappointedas

directorandseniormanagementasspecifiedintherelevantrulesandprocedure.

2.7 TheBoardhasapprovedroles,duties,responsibilitiesorCharteroftheNominatingCommitteeinwriting.

2.8 TheNominatingCommitteeconsistsof3executivedirectors,listoftheNominatingCommitteenamesare

shownonpage63.

2.9 In2009, theNominatingCommitteehas reported theperformance result to themeetingofBoardof

DirectorNo.2/2552,heldon17March2009.Numberofmeetingsof theNominatingCommitteeand

theirperformanceareshownonpage64.

Roles, Duties and Responsibilities of the Board of Directors

TheBoardhasconsidered,andapprovedallsignificantmattersregardingcorporatemanagement,suchas,

vision,strategy,financialtarget,risk,budgetplan,control,management,including,supervisingandcontrolling

ManagementDivisiontoconductthebusinessinaccordancewiththepolicyandstrategyinefficiencywayto

enhancebusinessvaluefortheCompanyandshareholdersincludingforthebenefitsofallrelatedparties.

InthefirstmeetingoftheBoardofDirectorofeachyear, theexecutivedirectorsshallproposetothe

BoardofDirectorsforapprovalofthedeterminationofvision,task,strategy,financialtarget,risk,workplan

and budget, then communications regarding strategy, objective, and etc., as approved by the Board of

Director shall be made to all directors, executive directors, employees for clear understanding. The

communicationshallbemadethroughthemanagementatVicePresidentlevel.Inthisregard,theCompany

hasarranged for intranet to support efficient communicationwithin theorganization. The secretaryof the

BoardofDirectorshallfollowupwithexecutiveofficerstocollectinformationandpresentoperatingreport

andprogressaccordingtoworkplanapprovedbytheBoardofDirectoronaroutinebasis.TheBoardhas

divided power of each director and the Management Division clearly, as shown in Section “Scope of

AuthorizationoftheBoardofDirectors”onpage61and“ScopeofAuthorizationofExecutiveDirectorand

ManagementOfficer,onpage62ofthisreport.

CG Policy

TheBoardhaspaidattentiontoCGpolicybyfollowingupthedevelopmentofcompliancewiththeCGpolicy,

alsoupdatingevaluationreportregardingproblemsandbusinessobstaclesandgivingreasonablecomments

andsuggestionincludingimprovingthesaidpolicyasdeemedappropriate.

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TheBoardhassetCGpolicyinwrittendocumentsforallemployeesintheorganizationtoacknowledge

andcomplywithsuchpolicy.TheBoardhasassignedHRDivisiontosetupsomeactivitiestocampaignand

promotetheCGpolicytoallemployeestocomplytherewith,suchas,settingupanannouncementboardfor

postinganyknowledgeinformation,communicationthroughintranetsystemandreviewthesaidpolicyatleast

onceayeartoupdatesuchpolicy.

Afterfollowingupcomplianceofthepolicy,wefoundthatemployeeshaveadjustedtheirattitudesand

acceptedtheimportanceoftheapplicationoftheCGruleswithintheorganization.Employeeshaveapplied

theCGpolicytowelladaptwiththeirdutiesresultinginchangesoforganizationculturetomeetinternational

standardintermsofmanagement,andtransparencyasreportedherein.

Code of Conduct

TheBoardhaspreparedwrittenCodeofConduct,consistingof6Sectionsi.e.1)CodeforCustomer;2)

CodeforCompany;3)CodeforOurselves;4)CodeforSupervisor;5)CodeforColleague;and6)Codefor

PeopleunderControl,asshown in theEmployeeHandbookalreadydistributedtoallemployeestoenable

directors,managementandallemployeestounderstandthesaidCodeofConduct,whichtheCompanyhas

appliedinconductingbusiness.TheBoardofDirectorshasprovidedintranetsystemforcommunicationand

publicrelationofgoodconductswithinorganization.Shouldanyemployeehaveanyqueries,heorshemaypost

suchqueriesontheweb-boardthroughIntranetsystem.Inaddition,communicationthroughinternale-mail

systemcanalsobedoneaswell.HRDivisionisresponsibleforcampaigningittoencourageallemployeesto

complytherewithbypreparingnoticeboardtoannouncenewsandrelevantinformationattheemployeerest

areaandthroughtheIntranetsystem.Initially,theCompanyexplainedandcommunicatedwithemployeesto

understandobjectiveoftheCodeofConductwhereinrealityallemployeeshadalreadybeenawareofitand

compliedtherewithbeforeitwascompiledandmadeitinwritingbyHRDivision.Now,informationandnews

relatingtotheCodeofConductdistributedandpresentedofteninvolveissueandcasestudyoftherealevents

tobeusedasaguidelineforemployees’duecompliance.Thepresentationcontainsinterestingpresentation,

friendlydiscussion,slidepresentationandcolorfuldocuments,andetc.

All employees voluntarily follow with the said Code of Conduct. The Company encourages them to

realizethevalueofCodeofConductcompliance.Inaddition,headofeachunitalsoplaysimportantrolein

suchencouragementsincehe/sheisfamiliarwithallemployeesunderhis/hercontrol.Supervisorhastogive

suggestions including stimulating all employees under his/her control and supervision to strictly comply

therewith, evaluating an appropriateness of Code of Conduct as well. The Board also follows up the

complianceofCodeofConductbyemployeesinorganizationviaManagementSection.In2009,therewasno

problemintheapplicationandcompliancewiththeCodeofConduct.

Potential Conflict of Interest Transaction TheBoardofDirectorshas imposedcriteriaof“Conflictof Interest” issueby instructingdirectorsand

managements,havingdirectandindirectinterestinenteringintoanybusinesstransactionwiththeCompany,

to clarify such details with the Board upon being aware of the said transaction. In addition, during

considerationofthesaidconflictofinteresttransaction,allinteresteddirectorsshallnotattendthemeeting

insuchagendaandlettheremainingdirectorshaveindependentviewtomakeafinaldecisionaboutsuch

transaction.Regardingpotential and significant conflict of interest transaction, theBoard shall assign the

independentdirectorstoreviewandscrutinizesuchmatters,subsequently,proposingconsequenceoftheir

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considerationtotheBoardofDirectors.IncasetheBoardhasnoexpertisetoconsiderthesaidconnected

transaction,theBoardcouldassignanindependentexpertorcorporateauditortoprovidetheirownopinion

regardingthesaidtransactionassupportinginformationfortheBoardofDirectorsorshareholders.InMarch

2010,theBoardofDirectorhasconsideredrenewalofleaseAgreementtoleaseMaleenontTowerbuilding

whichisdeemedtobe“aconnectedtransaction,3yearsshort-termleasecategoryandsupportingroutine

services”.ThesaidconnectedtransactionsfellwithintheexceptionofSETnotificationregardingconnected

transaction and arm’s length doctrine. It was within the scope of the Company’s Board of directors to

exclusivelyconsiderandapprovesuchtransactionwithoutapprovalofashareholdersmeeting.However,the

Company had to disclose such transaction to the SET. During the said 2 meetings, all directors, having

conflict of interest, left the meetings prior to commencing of such agenda. The remaining directors,

independently,consideredandapprovedthesaidtransactions.Inaddition,those2transactionshadalready

beenreviewedandconsideredbytheindependentdirectors,wherehisopinionhadalsobeensubmittedto

the Board of Directors for consideration. The Company also filed information disclosure through ELCID

system,disclosing suchdetails in the remarkof financial statement, correctly.Such information regarding

conflictofinterestof2009isshownonPage86“ConnectedTransactionwithRelatedPartywhichmaycause

ConflictofInterestintheyear2009”ofthisreportaswellasAnnualReport.

Internal control TheCompanyhasprescribedandmaintainedalleffectiveinternalcontrolsysteminordertoreasonably

ensurethatallaccountingdataisrecordedwithcorrectness,accuracyandsufficientfortakecareCompany’s

assets.Thisalsopreventsall fraudsandmalpractice.TheBoardofDirectorshasalsoappointed theAudit

Committee and the Internal Audit Office to review and examine adequacy and suitability of the internal

control systemof theCompanyand its subsidiaries, to identify internal controlweakness, to recommend

improvement andpreventingmeasures, tomanage risksof theorganization. Toprovide independencyof

operationofInternalAuditOfficeandobtainco-operationfromalllevelsofstaff,theBoardofDirectorshas

published charter of the Audit Committee and the charter of the Internal Audit Office to keep all staffs

thoroughlyinformed.

TheAuditCommitteeholdsmeetingswiththeAuditorandtheInternalAuditors,onaregularbasis,at

leastonceforeveryquartertodiscussandassessadequacyandsuitabilityofinternalcontrolsystemofthe

Company and its subsidiaries. The Audit Committee also reports their operation and recommendation in

systemimprovement,aswellas,pursuitofsuchrecommendationstotheBoardofDirectorsintheBoardof

Directors Meeting. The Audit Committee and the Board of Director unanimously agree that the internal

control systemof theCompanyand its subsidiaries is appropriate andadequate. Full report of theAudit

Committeeisshownonpage4-5.

The InternalAuditOfficehasbeenassignedby theBoardofDirectors toassess the internal control

system,atleastoncetimeperyearandreportsuchresulttotheBoardofDirectorsviatheAuditCommittee.

Theresultofsuchassessmentfortheyear2009,asreportedthroughtheAuditCommitteeinJanuary2010

andreportedtotheBoardofDirectoron11February2010,respectively.ItindicatesthattheCompanyhas

acceptable internal control system. Such result of assessment has already been passed to the Executive

Directorsandauditorfortheiracknowledgementandimprovement.

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Risk Management Policy TheCompanyhasimposedariskmanagementpolicytocoverorganization.AllDivisionsshallparticipate

inriskmanagementprocessbylettingeverymanagertosurveypotentialproblemsinhisowndivision,suggest

goodsolution toprevent andeliminateor lowerproblemsand risk, giveaguideline tominimizepotential

damages.TheInternalAuditOfficehasbeenassignedtobethemainauthoritytoco-ordinatewithallunitsin

theorganizationforriskmanagementandreporttotheBoardofDirectorsperiodically,particularlyinacase

where there isa changeof risk level. TheBoardofDirectorshasalso focusedongivinganadvancealarm

signalofanyunusualtransaction.Inaddition,theInternalAuditOfficeisrequiredtoreviewthesystemandthe

efficiencyof riskmanagementevaluation,at leastonceayearand report to theBoardofDirectorsandall

relevantmanagements.In2009,therewasnotransactionwhichmightcreatesignificantriskontheCompany.

Board of Directors Meeting 1. TheCompanySecretarypreparedamemorandum,notifyingofallmeetingsinadvancethroughoutthe

year,bysendingittoalldirectorsattheendofDecember,lastyeartoenablealldirectorstoallocatetheir

availabletimesforallmeetings.

2. TheCompanyhasdeterminedtoconveneBoardofDirectorsmeetings,atleast5timesperyear.Themain

agendaofthe4meetingsshallbetheagendaofapprovingtheoperatingresultbeforedisclosingittopublic,

andtheremainingmeetingshallbetheconsiderationtoconveneanannualgeneralshareholdersmeeting.

In2009,therewere5meetings.(DetailsofthemeetingsareshowninManagementSection,page61).

3. ChairmanandSeniorExecutiveVicePresident,shalljointlyconsiderandselectagendatobeproposedto

theBoardofDirectorsmeetingonwhereeachdirectorshallhavetherighttoproposehisagendatothe

meeting,independently.

4. TheBoardofDirectorshasassignedtheCompanySecretarytodeliversupportingdocumentstoalldirectors

in advance, approximately one week, to enable them to have enough time to study all information.

Supportingdocumentsshallhavematerialinformationsufficientforconsideringeachagenda.Inthepast,

therehadbeensomeproblemsregardinglatedeliveryofsupportingdocuments.Theproblemwassolved

bydeliveringonlycompletedocumentsofrelevantagendatoalldirectorsinadvancewheretheremaining

documentswouldbedeliveredthereafter,assoonaspossible,butatleast3daysbeforethemeeting.

5. TheBoardofDirectorsmayinvitemanagementoranyperson(s)involvingineachmatterforenquiryofany

detailsduringthemeeting.

6. During themeeting, theChairman shall allocate reasonable time for all agendas. TheChairman shall

commence the meeting by giving opportunities for all directors to independently express their own

opinion.All directors shall have rights to raise issue tobe considered,giveopinionandsuggestions,

independently. The meeting will hear all opinion and comments before making decision based on

reasons,justificationandappropriateness,especiallyinimportantagenda.Tohavecorrectandmutual

understanding,theChairmanwillsummarizearesolutionattheendofeachagenda.Generally,ittakes

3hoursapproximatelyforeachmeeting,whichisdeemedtobepropertimefortheBoardofDirectorsto

considerthematterthoroughly.

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7. Afterthemeeting,theCompanySecretaryshallberesponsibleforpreparingtheminutesofthemeeting

tobecompletedwithin14days.TheCompanySecretaryshallreviewtheminutestoensurethatitshall

contain relevant details, namely, date, time, list of attending directors, summary of all agendas, all

discussionsandremarks,opinion,suggestionofeachdirector,resolutions,.(foracasewherethereisno

unanimousvote,nameandopinionofdirectorwhodisagrees(ifany),mustalsobeincluded),nameof

thepersonwhorecords theminutes,nameof theCompanysecretarywhoreviewstheminutes,allof

whichmustbeclearandcomplete.TheCompanySecretaryisindependentinconsideringtheaccuracy

andcompletenessoftheminutes

8. The Company Secretary shall be responsible for keeping all invitation letters, meeting minutes and

supportingdocumentsandarrangeforgoodfilingsystemforeasysearchingandretrieval.TheCompany

hascustomarypracticetocertifytheminutesinthesubsequentmeeting.Amendmentoftheminutescan

not be made without the meeting’s approval. Then, the minutes duly certified shall be sent to the

Chairmanforsigning.

9. NumberoftheBoardofDirectorsmeetingsissuitablefornatureofdirectordutyandbusinesstypesince

the Chairman and executive director shall select and gather all agendas required for the Board’s

approvaltobeincludedin5mainmeetingsasscheduledatthebeginningofeachyear.Ifitisnecessary

toconveneadditionalmeeting,suchadditionalmeetingmaybeconvenedasappropriate.

10. SincetheBoardofDirectorsmeetingisnotconvenedeverymonth,theCompanySecretaryshallprepare

areportoftheCompany’soperatingresultandsubmitittotheBoardofDirectorseverymonth.

11. Ifnon-executivedirectorsdeemsproper,theymayconvenethemeetingasnecessaryamongthemselves

withoutattendanceofexecutivedirector,todiscussanyproblemandsubsequentlyinformthemanaging

directoroftheresultofthemeeting.Suchmeeting,normally,convenesbeforethemeetingofBoardof

Director.TheCompanySecretaryisresponsibletoarrangeformeetingplace.

Evaluation of Director Performance theBoardofDirectorshassetadirectorevaluationtoassesstheirownperformance,atleastonceayear,

byevaluatingperformanceofalldirectorstogetherwithoutindividualevaluation.TheBoardhasmutuallyset

thecriteriaforsuchassessmentbyusingtheformsdevelopedfromsamplesadvisedbytheSET.Afterreceiving

theevaluationresult,theBoardwilldeterminedirectionto improveworkingprocesswithanopportunityfor

everydirectortoexpresshis/herview,independently.In2009,theevaluationwasconductedonFebruary11,

2010.

Director Compensation TheBoardofDirectorshassetapolicytopaymonetarycompensationfordirectorsuitableforeconomic

condition,directorresponsibilities,operatingresultandnatureofbusiness,byimposingthecriteriafordirector

compensation, namely, 1) comparing with director compensation of other listed companies in the same

industry, or those having similar income or profit; 2) Operating result of the Company; 3) reasonable

compensation,suitableforobligation,dutyandresponsibilityofdirector.Thedirectorwhohasmoredutiesand

responsibilitiesshallreceivemorecompensation.Theprocedureforreviewingdirectorcompensationannually

istransparent.TheBoardwilljointlyconsiderthedirectorcompensationattheBoardofDirectorsmeetingand

submit it for furtherapproval intheshareholdersmeeting.Allcompensationshallbepaid inmonetary form

only.Detailsofcompensationareasshownonpage65.

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CEO Compensation Since the Company has no Sub-Committee to consider compensation, the Board of Directors shall

considerandapprove compensation forCEOby take intoaccountofduty, responsibility,performanceand

businessprofit of theCompany.TheBoard shall evaluateCEOperformanceby comparingwith theannual

business target. TheBoardofDirectoralso considered information regardingdirectorandexecutiveofficer

compensationoflistedcompany.

Director and Management Development TheBoardofDirectorpaysattentiontodevelopmentofdirectorsandexecutiveofficersbyencouraging

them toattend seminarand training course,building their knowledgeandexpertise formanagement. The

Companyshall supportexpensesandvarious facilities.Especially forDAPprogramof IOD,almostdirectors

have already attended such program and 2 of them have already attended DCP program. The Company

Secretary has been assigned to look for good training program(s) to be proposed to each director for

considerationwithoutrestrictionforonlyprogramorganizedbyIOD.TheBoardofDirectorshassupportedthe

CompanySecretary toattendDCPprogramorganizedby IOD,andencouraged IRofficersand internalaudit

officer,responsibleforCGmatter,toattendCGtrainingprogramorganizedbyprivatesector.Inaddition,the

Company, byHRDepartment, also arranged for internal trainingprogram for generalmanagement for all

personnelandspecificprogramsuitableforeachunitwhichallexecutivescouldattendsuchprograms.

Successive Plan for Company Management TheBoardofDirectorshassetsuccessiveplanforcompanymanagement.TheBoardofDirectorsfocuses

ondevelopmentofdirectorandmanagementcapacity,bypreparingsuccessiveplan.TheCompanyhasalready

preparedcandidatesorsuccessor forChairman,CEO,COO,VicePresident, temporarilyandpermanently,by

appointing senior executive to be temporary successor to replace in important position. With respect to

permanentcandidateorsuccessor,theNominatingCommitteeshallconsideroncasebycasebasis.In2009,

theCompany applied the successiveplan temporarily onlywhenChairmanandCEOwerenot capable of

attendingtheshareholdersmeetingandincaseCOOisnotavailableduetotravelingabroad.

5 Supervision on the Use of Insiders’ Information TheCompanyhaspolicyofprohibitingexecutivestouseinternalinformationoftheCompanyfortheirown

benefits including tradingofCompany’s securities. TheCompanyhas already informedall executives and

employees suchpolicyandpracticalguidelinesaswell as recommendationof theStockExchangeand the

SecurityandExchangeCommissiononthemattersinorderforthemtobeawareoftheexpectingstandardand

tostrictlycomplythereof.TheCompanyinstipulatedthatthedirectorsandexecutivesmustimmediatelyreport

to theCompany incaseof tradingof theCompany’ssecurities.Such reports (ifany)shallbecollectedand

represented to theBoardofDirectorsat the followingmeeting.Theexecutivesarenotallowedtousesuch

informationfortheirownbenefitortodiscloseinternalsensitiveinformationtotheoutsidersorthosepersons

havingno relatedduty to access such information. Themanagement, all executiveofficersor anyperson

receivinginsider’s informationareaskednottotradetheCompany’ssecuritiesbeforedisclosureoffinancial

statementtothepublic.

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Inaddition,clause1.4inthesection“ethicstothecustomer”,topic“ethicsoftheemployee”asstatedin

theemployee’smanualprescribesthattheemployeesshallkeepcustomer’sinformationconfidentialandshall

notusethemforpersonaladvantage.Clause3.5inthesection“ethictoourselves”,prescribesthatemployees

shallnotusetheirauthorityandpositiontotakeadvantagefortheirownsake.

6 Personnel The Company believes in the importance of appropriate manpower allocation taking the size of the

Company intoaccountandpreparationfor the futureplan.On31December2009, theCompanygrouphas

totalof1,796employeesdividedbythecourseofworkasfollows:

-Televisionbroadcastingandmedia 1,173 persons

-Sourcingandproducingdocumentaries, 130 persons

entertainmentprogramme

-Radiobroadcasting 25 persons

-ProductionofShows,Music,and 378 persons

CampaignActivities

-ChainandSupportingBusinesses 90 persons

Total 1,796 persons

Suitable remuneration is theessential factor inpromotingpersonnel’s courageandmoraleaswell as

buildingup their loyalty to theorganization ina long termbasis. TheCompany considerspaying the total

remunerationtotheemployeesfortheyear2009inanamountof939MillionBahtconsistingofsalary,over

timeexpenses,allowance,bonus,contributiontotheprovidentfund,medicalallowanceandotherwelfares.

As theemployeesaredeemsas valuableassetsof theCompany. TheCompanypaysattention to the

recruitmentofefficientpersonnelaswellastheirdevelopmentwhichwillleadtotheimprovementofpotential

oftheCompanyinthelongtermbasis.TheCompany,therefore,hasapolicytopromotethedevelopmentof

skilloftheemployeesbyarrangingthemtoattendmanyseminarsmatchingtotheircourseofworkwhichare

organized by external organization. HR Department also set up a training course within the Company by

rotating to all departments as deemed appropriate. To make themselves ready for current business

competition,varietyandfrequenttrainingcourseshavebeenintroducedtothem.

Fortheyear2009,theCompanygrouphasorganizedinternaltrainingcoursessuitabletoeachunit,i.e.,

NextStepofNewsFamily,NextStepofNewsFamilyforRegionalReporter,PronunciationCourse,Preparation

ofCashBudget,ArchitecturewithAutoCAD2008,Strategy forMarketingSale inEconomicCrisis,Poisoned

Attitude, Digital Television for Production, 39 Years with Green Dharma, Techniques for Exploitation of

AccountingandFinancial Information,OfficeSyndrome,Lifestyle(Dara)GoodPersonality,GoodSpeechand

GreatMind,TellingstorywithVideoNews,DigitalTVTransmission,SongEmotionandMeditation.Foroutside

training,thecourseswhichmaysupportroleandresponsibilityofthechosenemployees.Totalcostoftraining

and seminar for thepast year is approximatelyBaht2.94Million (including seminar feeorganizedby the

Companygroup).

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PAYMENT OF AUDIT FEE 1. Audit Fee The shareholdermeeting2009approvedauditing feeatBaht5,505,000.-Theactual auditing feepaidby the

Companygroupin2009isBaht5,563,000.-whichishigherthantheamountapprovedaroundBaht58,000.Thisisdue

to the restructureof5 subsidiary companies, i.e., theboardof directorsof subsidiary companieshas resized their

business volume forNewWorldProductionCompany Limited andBECiCorporation Limited. ThaiAudiotexService

Limitedhasceaseditsoperationtopreparefor liquidationprocedure,causingreductiontothevolumeofservicesfor

audit and reviewand their auditing feewill be lower, accordingly.However,during2009, theboardofdirectorsof

subsidiarycompaniesalsoconsideredrestructurefor2inactivecompanies,(1)BEC-TeroExhibitionsLimited,toarrange

for reality show forperformance competition via television,whichwas renamed to “HaveAGoodDreamCompany

Limited”,and(2)BEC-TeroArsenalCompanyLimited,tosaleadvertisementonmobilephone,whichwasrenamedto

“BEC-TeroComComCompanyLimited”.Due tosuchadditionalwork, theauditor, therefore, requested foradditional

auditingfeeexceedingtheapprovedamount-Baht58,000.-

2. Non-Audit Fee -None-

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In2009,BECWorldgrouphasentered into someconnected transactionswith relatedpartieswhichmaycause

conflictofinterest,i.e.,LeaseAgreementinMaleenontTowerandotherexpenseswithrespecttosuchleaseofpremises.

DetailsDetailsofwhichareasshowninSection5.1CoreAssetsforBusinessOperation;LeasedPremises.

CONNECTEDTRANSACTIONSWITHRELATEDPARTYWHICHMAY CAUSE CONFLICT OF INTEREST IN THE YEAR 2009

Related parties Transaction which may cause Details of relationship value Type of Transaction conflict of interest (Million Baht)

Necessity and Reasonableness of Transactions Connected transactionsduring theprevious year arenecessary and reasonable transactions for thehighest

benefits for the Company. Due to the lessee wishes to lease some space, special design to serve their business

operation.Theleasedpremiseshavetosupport longtermbusinessexpansion, locatingindowntown,havingsuitable

communicationandtransportationsystemthatcouldfacilitateCompany’sbusinessoperation.Mostcommercialterms

andconditionsofsuchconnectedtransactionsarebetterthannormaltermsandconditions,basedongeneralmarket

price.Inaddition,remunerationpaidthereundercouldbecomputedfromreferencevalueorpropertybycomparingwith

themarketpriceinthesamerentalarea.

Policy or Guideline for Connected Transactions TheCompanyhasapolicytoavoidenteringintoanyconnectedtransactionswithanyrelatedpartywhichmay

cause“ConflictofInterest”.In2009,therearesomeconnectedtransactionsi.e.LeaseAgreementtouseofficespacein

MaleenontTowerBuildings,which theCompanyhaspreviouslyobtainedapproval to relocate itsprincipaloffice from

EmporiumTower toMaleenontTowerBuildingsby theExtraordinaryGeneralShareholderMeetingonDecember16,

2003.ThenecessitytoenterintosuchconnectedtransactionisthattheCompanyisrequiredtoseekforofficespacesto

expanditsbusinessoperationandMaleenontTowerBuildingscouldservesuchpurpose,offeringconvenience,elegance

andalsomeet standardofotherprimeofficebuildings,especially, for12-floorbuildingwhichhasbeendistinctively

designedbythelessortosuitforoperationrequirementoftheCompanygroup.Rentalrateisalsoatafairprice.

DuetotheCompanygrouphasspentaconsiderableinvestmentfordesignanddecorationoftheleasedpremises

inMaleenontTowerBuildingstoservetheirownpurpose,theCompanyhasapolicytorenewtheLeaseAgreementof

MaleenontTowerBuildingsandusevariousrelatedservices.Therefore, for thebenefitofCompanygroup,connected

transactionsasalreadyenteredintoaswellasthosetobeenteredintointhefutureareinevitably,providedthat,their

termsandconditionsarenormalbusinessoperationandsuchrentalandserviceratesarecomparablewithmarketprice

of otherparty. In addition, theAuditCommittee, at theCompany’s expense,mayassignan independent expert to

consider, review and opine an appropriateness of the price and reasonableness for entering into such connected

transactions.

Millionaire Directorsandexecutiveofficersof 114.01 Saleandservicecosts PropertyFund theCompanyaremajority shareholdersofMaleenont TowerCo.,Ltd.

MaleenontTowerCo.,Ltd.ismajor 112.36 operatingandmanagementcosts unitholderofMillionaire (leaseagreementnotexceeding 3yearsandsupportingtransaction fornormalbusinessoperation) Total 226.37

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SUPPLEMENTARYDATA

1. Name: THE BANGKOK ENTERTAINMENT CO., LTD. Business: OperatingbusinessofTVandradiostation. Registered Capital: Baht300million((Issuedandfullypaid-upsharecapital3,000,000commonshares) 0ffice: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-1384

2. Name: RUNGSIROJVANIT CO., LTD. Business: Providing,producingTVprogrammesandsellairtimeforadvertising. Registered Capital: Baht5million(Issuedandfullypaid-upsharecapital500,000commonshares) 0ffice: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-13843. Name: NEW WORLD PRODUCTION CO., LTD. Business: Providing,producingTVprogrammesandsellairtimeforadvertising. Registered Capital: Baht5million(Issuedandfullypaid-upsharecapital500,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-13844 Name: BEC BROADCASTING CENTER CO., LTD. Business: Studioequipmentservices Registered Capital: 1millionBaht.(Issuedandfullypaid-upsharecapital100,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-1384

5. Name: YOU & I CORPORATION COMPANY LIMITED Business: Producingradioprogrammes,operatingradiostations Registered Capital: Baht35million(Issuedandfullypaid-upsharecapital350,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3274 Fax. (66)2262-3665

DetailsofCompanieswhichtheCompanyholds10%ormoreofshares

SUBSIDIARIES

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6. Name: BEC ASSET CO., LTD. Business: Holdingandleasingassets. Registered Capital: Baht30million(Issuedandfullypaid-upsharecapital3,000,000commonshares) Office: 3rdFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3759 Fax. (66)2262-37807. Name: BEC STUDIO CO., LTD. (Not yet operating) Business: Producingprogrammesandstudioequipmentservices. Registered Capital: Baht5million(Issuedandfullypaid-upsharecapital500,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-13848. Name: BEC INTERNATIONAL DISTRIBUTION CO., LTD. Business: Providing,producingTVprogrammes,HoldingCompany Registered Capital: Baht5million(Issuedandfullypaid-upsharecapital500,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-13849. Name: BEC NEWS BUREAU CO., LTD. (Not yet operating) Business: Producingnewsprogrammes. Registered Capital: Baht5million(Issuedandfullypaid-upsharecapital500,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-1384 10. Name: BANGKOK TELEVISION CO., LTD. Business: Providing,producingTVprogrammesandsellairtimeforadvertising. Registered Capital: Baht5million(Issuedandfullypaid-upsharecapital500,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-1384

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11. Name: BANGKOK SATELLITES & TELECOMMUNICATION CO., LTD. (Not yet operating) Business: Satelliteuplink-downlinkservices. Registered Capital: Baht25million(Issuedandfullypaid-upsharecapital2,500,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,2204-3333 Fax. (66)2204-1384 12 Name: BEC IT SOLUTION CO., LTD. Business: Information technology service, retail of computer equipments and maintenance

service. Registered Capital: Baht15million(Issuedandfullypaid-upsharecapital1,500,000commonshares) Office: 3rdFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3759 Fax. (66)2262-378013. Name: SATELLITES TV BROADCASTING CO., LTD. (Not yet operating) Business: SatelliteTVoperator. Registered Capital: Baht1million(Issuedandfullypaid-upsharecapital100,000commonshares) Office: 2ndFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3333,(66)2204-3333 Fax. (66)2204-138414. Name: BEC-TERO ENTERTAINMENT PUBLIC COMPANY LIMITED Business: ProvidingandproducingTVprogrammesandsellairtimeforTVadvertising, producingandpromotingsongsforconcert,producingpicturesandplays. Registered Capital: Baht250million(Issuedandfullypaid-upsharecapital200,000,000 commonshares) Office: 25th-28thFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey, Bangkok10110 Tel. (66)2262-3800 Fax. (66)2262-3801-215. Name: BECi Corporation CO., LTD. Business: InvestinInternetbusiness. Registered Capital: Baht200million(Issuedandfullypaid-upsharecapital20,000,000commonshares) Office: 4thFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2204-9999 Fax. (66)2204-9970

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16. Name: BEC MULTIMEDIA CO., LTD. Business: Investinmultimediabusiness. Registered Capital: Baht200million((Issued20,000,000Commonshares;25%paid-up) Office: 4thFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2204-9999 Fax. (66)2204-9970 SUBSIDIARY HELD BY BEC INTERNATIONAL DISTRIBUTION CO.,LTD.

17. Name: TVB 3 NETWORK CO., LTD. Business: Providing,producingTVprogrammesandsellairtime. Registered Capital: Baht10million(Issuedandfullypaid-upsharecapital1,000,000commonshares) Office: 9thFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3050 Fax. (66)2262-3066 SUBSIDIARIES HELD BY BEC-TERO ENTERTAINMENT PUBLIC COMPANY LIMITED

18. Name: THAITICKETMAJOR CO., LTD. Business: Producingadvertisement,reservedandsellingshowticket. Registered Capital: Baht10million(Issuedandfullypaid-upsharecapital1,000,000commonshares) Office: 27thFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3800 Fax. (66)2262-3801-2

19. Name: HAVE A GOOD DREAM CO., LTD. (Formerly:BEC-TeroExhibitionsCo.,Ltd.registeredandchangedthecompanynameinMarch2009) Business: ProvidingandproducingTVprogrammesandsellairtimeforTV Registered Capital: Baht10million(Issuedandfullypaid-upsharecapital1,000,000commonshares) Office: 98925thFl.,SiamTower,UnitB1,RamaIRoad,Prathumwan,Prathumwan,Bangkok. Tel. (66)2262-3800 Fax. (66)2262-3801-2

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20. Name: BEC-TERO COMCOM CO.,LTD. (Formerly:BEC-TeroArsenalCo.,Ltd.,registeredandchangedthecompanynameinApril2009) Business: Advertisingagencyontheidle-screensofmobiletelephonesthroughmobileoperators

inThailand Registered Capital: Baht28million(Issuedandfullypaid-upsharecapital5,600,000commonshares) Office: 21stFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey,Bangkok10110 Tel. (66)2262-3800 Fax. (66)2262-3801-2 ASSOCIATE HELD BY BEC-TERO ENTERTAINMENT PUBLIC COMPANY LIMITED

21. Name: Virgin BEC-Tero Radio (Thailand) Co., Ltd. Business: Producingradioprogrammes,andsellairtimeforadvertising Registered Capital: Baht49,960,800(Issuedandfullypaid-upsharecapital4,996,080shares) Office: 23th-24thFl.,MaleenontTower,3199RamaIVRoad,Klongton,Klongtoey, Bangkok10110 Tel. (66)2204-3500 Fax. (66)2204-1410 SUBSIDIARIY HELD BY BECI CORPORATION CO., LTD.

22. Name: THAI AUDIOTEX SERVICE LTD. Business: ProvidingAudioInformationservicesviatelephone Registered Capital: Baht30million((Issuedandfullypaid-upsharecapital3,000,000commonshares) Office: 52/149SukhumvitSoi3,SukhumvitRoad,NorthKlongtoey,Wattana,Bangkok Tel. (66)2204-9999 Fax. (66)2204-9970

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DIRECTORSANDEXECUTIVES DATA

1. Mr.Vichai Maleenont The executive officer according the definition of “Executive Officer” Position : Chairman of the Board, Chairman of the Executive Board Age : 90 years Work Experience : 1995 - Present Chairman of the Board and Chairman of the Executive Board of BEC World Plc. Chairman of the Executive Board and Director of The Bangkok Entertainment Co., Ltd. Director and Authorized Director of 3 subsidiaries of BEC World Group. Education : High School Diploma Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family Relationship : Member of Maleenont Family

2. Mr. Prasan Maleenont The executive officer according the definition of “Executive Officer” Position : Vice-Chairman of the Board, Vice-Chairman of the Executive Director and Chief Operating Officer Age : 66 years Work Experience : 1995 - Present Vice-Chairman of the Board, Vice-Chairman of the Executive Director and Chief Operating Officer of BEC World Plc Vice-Chairman of the Executive Board of The Bangkok Entertainment Co., Ltd. Present Director and Authorized Director of 18 subsidiaries and 1 associate of BEC World Group. Jan.1998 - Present Chairman of the Board and Executive Director, BEC-Tero Entertainment Plc. Feb.2001 - Feb.2007 Chairman of the Board and Executive Director, CVD Entertainment Plc. 1997 - Feb. 2007 Director and Executive Director of 5 subsidiaries of CVD Entertainment Plc. Education : Bachelor Degree (Business Administration) Elmhurst College, Illinois, U.S.A. Certificate of National Defense Curriculum (Joint Government/Private Sectors) Class7 Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 7.86% Family relationship : Member of Maleenont Family

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3. Mr.Pravit Maleenont The executive officer according the definition of “Executive Officer” Position : Director, Executive Director - Television Business and Senior Executive Vice President Age : 63 years Work Experience : 1995 - Present Director, Executive Director - Television Business and Senior Executive Vice President, BEC World Plc. Present Managing Director of The Bangkok Entertainment Co., Ltd. Present Director and Authorized Director of 7 subsidiaries of BEC World Group. Education : Bachelor of Science, Engineering University of Illinois, Chicago, Illinois, USA Certificate of National Defense Curriculum (Joint Government/Private Sectors) Class3 Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 11.42% Family relationship : Member of Maleenont Family

4. Ms. Ratana Maleenont The executive officer according the definition of “Executive Officer” Position : Director,Executive Director - Finance and Accounting Business Chairman of the Nominating Committee Age : 60 years Work Experience : 1995 - Present Director, Executive Director - Finance and Accounting Business of BEC World Plc. Present Director and Executive Director of The Bangkok Entertainment Co., Ltd. Present Director and Authorized Director of 13 subsidiaries of BEC World Group. Education : Bachelor Degree in Economics, Thammasat University. Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 7.86% Family relationship : Member of Maleenont Family

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5. Ms. Nipa Maleenont Position : Non-Executive Director Age : 58 years Work Experience : 1995 - Present Director and Authorized Director of BEC World Plc., and The Bangkok Entertainment Co., Ltd. Present Director and Authorized Director of 3 subsidiaries of BEC World Group Education : Bachelor Degree in Commercial and Accounting, Thammasat University. Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 5.89% Family relationship : Member of Maleenont Family

6. Ms. Amphorn Maleenont The executive officer according the definition of “Executive Officer” Position : Director and Executive Director - Production Business Age : 55 years Work Experience : 1995 - Present Director and Executive Director - Production Business of BEC World Plc. and The Bangkok Entertainment Co., Ltd. Present Director and Authorized Director of 12 subsidiaries of BEC World Group. Education : Bachelor Degree in Commercial and Accounting, Thammasat University. Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 7.86% Family relationship : Member of Maleenont Family

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7. Mr. Prachum Maleenont The executive officer according the definition of “Executive Officer” Position : Director, Executive Director - New Media Business and Senior Executive Vice-President , Member of the Nominating Committee Age : 57 years Work Experience : 1995 - Present Director, Executive Director - New Media Business and Senior Executive Vice-President of BEC World Plc. Director and Executive Director of The Bangkok Entertainment Co., Ltd. Present Director and Authorized Director of 14 subsidiaries of BEC World Plc. Jul. 2002 - Present Director and Executive Director of BEC-Tero Entertainment Plc. Education : Bachelor Degree (Marketing) Assumption Commerce University. Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Family relationship : Member of Maleenont Family

8. Mrs. Ratchanee Nipatakusol The executive officer according the definition of “Executive Officer” Position : Director and Executive Director - Marketing and Sales Business Member of the Nominating Committee Age : 52 years Work Experience : 1995 - Present Director and Executive Director - Marketing and Sales Business of BEC World Plc. Present Executive Vice President of The Bangkok Entertainment Co., Ltd. Present Director and Authorized Director of 5 subsidiaries of BEC World Group. Education : Bachelor Degree (Art), Thammasat University. Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Certificate of Finance for Non - Finance Directors Program, IOD Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : Member of Maleenont Family

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9. Mr.Arun Ngamdee Position : Independent Director and Chairman of the Audit Committee Age : 75 years Work Experience : 1995 - Present Chairman of the Audit Committee of BEC World Plc. 1995 - Present Independent Director of BEC World Plc. 1993 - 1995 Director General of Public Relations Department. 1989 - 1993 Deputy Director General of Public Relations Department. Education : MA, Public Relations, Boston University Bachelor Degree of Arts, Chulalongkorn University Certificate of Top Executive from NIDA and Institute of Civil Servant Development. Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Certificate of Audit Committee Program (ACP), IOD Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

10. Mr. Prathan Rangsimaporn Position : Independent Director and Member of the Audit Committee Age : 76 years Work Experience : 1999 - Present Member of Audit Committee of BEC World Plc. 1995 - Present Independent Director of BEC World Plc. 1992-2008 Special Instructor of the Faculty of Journalism and Mass Communication, Thammasat University 1994 - 2001 The Dean of the Faculty of Communication Arts, Siam University 1993 Senior Public Relations Expert 1986 - 1988 Director, Division of Directing Broadcasting Commission. Member and Secretary to the Directing Broadcasting Commission, Education : MA Journalism, University of Panjab, Pakistan, Under SEATO Scholarship, BA Journalism, BA Social Administration, Thammasat University Directors Training Program : Certificate of Director Accreditation Program (DAP), Thai Institution of Directors Associations (IOD) Certificate of Audit Committee Program (ACP), IOD Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

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11. Mr. Manit Boonprakob Position : Independent Director and Member of the Audit Committee Age : 59 years Work Experience : Dec.1999 - Present Independent director and a member of the Audit Committee of BEC World Plc. 1998 - Present Managing Director of BMS Consulting Office, Executive Director of THABB Support Ltd. and Chirachit Co., Ltd. Director and Executive Director, EVP - Finance and CFO of ABB Group of companies in Thailand. Education : Master Degree in Business and Administration, Thammasat University. Bachelor Degree in Accounting, Chulalongkorn University. Certified Public Accountant (Thailand) Directors Training Program : Diploma in Director Certification Program (DCP), Thai Institution of Directors Associations (IOD) Certificate of Audit Committee Program (ACP), IOD Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

12. Mr. Matthew Kichodhan Position : Non-Executive Director Age : 43 years Work Experience : Sep. 2009 - Present Senior Vice President, International Business, Thai Beverage PLC. 2006 - Aug. 2009 Director and Chief Operating Officer of Minor Corporation Plc and Director of subsidiaries Apr. 2006 - Present Director of WAVE Entertainment Plc. Independent Director of Ocean Glass Plc 2004-2005 Vice President, Business Management, Asia Pacific, GILLETTE ASIA PACIFIC GROUP 1995 - 2004 Brand Marketing Director, Asia Pacific Region, PEPSI-COLA INTERNATIONAL Education : Master of Science, Management, Imperial College (Management School), University of London, England Bachelor of Commerce, University of Toronto, Canada Directors Training Program : Diploma in Director Certification Program (DCP), Thai Institute of Directors Association (IOD) Certificate of Director Accreditation Program (DAP), IOD Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

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13. Mr.Panithan Tosnaitada Position : Vice President, Advertising Department Age : 66 years Work Experience : 1996 - Present Vice President, Advertising Department, BEC World Plc. 1980 - 1995 Vice President of The Bangkok Entertainment Co.,Ltd. Education : Bachelor Degree Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

14. Mr.Somrak Narongvichai Position : Vice President - Production Department Age : 59 years Work Experience : 1996 - Present Vice President, Production Department, BEC World Plc. 1991 - 1995 Program Product Manager of The Bangkok Entertainment Co., Ltd. Education : Bachelor Degree (Art-Drama), Chulalongkorn University. Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

15. Mr.Borisut Puranasamriddhi Position : Vice President - Administration Department Age : 63 years Work Experience : 1996 - Present Vice President - Administration Department, BEC World Plc. 1990 - 1995 Public Relations Manager of The Bangkok Entertainment Co.,Ltd. Education : Bachelor Degree (Journalism), Thammasat University The Program for Senior Executives in Criminal Justice Administration (Section 4), National Academy of Criminal Justice Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

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16. Mr.Chatchai Thiamtong The executive officer according the definition of “Executive Officer” Position : Vice President - Finance, Secretary of the Board of Directors and Secretary of the Audit Committee Age : 58 years Work Experience : 1996 - Present Vice President - Finance and Secretary of the Board of Directors of BEC World Plc. 1999 - Present Secretary of the Audit Committee 1999 - 10 Apr. 2001 Independent Director and a member of the Audit Committee of SINGER (Thailand) Plc. 1991 -1995 Director - SINGER (Thailand) Plc. Education : Bachelor Degree in Accounting, Thammasat University Bachelor Degree in Law, Thammasat University Directors Training Program : Diploma in Director Certification Program (DCP), Thai Institution of directors Associations (IOD) Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.01% Family relationship : None

17. Ms. Apinya Kangsanarak Ph.D. Position : Vice President - Human Resource Department Age : 48 years Work Experience : 2002 - Present Vice President - Human Resource Department, BEC World Plc. Manager Personal Department, The Bangkok Entertainment Co., Ltd. 1995 - 2002 Senior Vice President Human Resource Development Department and Human Resource Management Department of Bangkok Metropolitan Bank Plc. Education : Philosophy of doctor (Higher Education), Chulalongkorn University. Master of Education, Srinakarintharawirot University. Bachelor of Science, Mahidol University. Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

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18. Mr. Pisanu Ruangrajitpakorn Position : Vice President - Technology Department Age : 56 years Work Experience : May 2003 - Present Vice President - Technology Department, BEC World Plc. and Managing Director, BEC IT Solution Co.,Ltd. 2000 - Apr. 2003 Assistant Vice President - IT, Samart Corporation Plc. 1996 - 1998 VP, RIS Co., Ltd. Education : Bachelor Degree in Accounting, Chulalongkorn University Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

19. Mr. Natthrapong Phisitphadhrikul (registered changing the name from Mr.Noppong Bootkhwan) Position : Vice President - Internal Audit Office Age : 44 years. Work Experience : Jan.2004 - Present Vice President - Internal Audit Office, BEC World Plc. Aug.2002 - Dec.2003 Internal Audit Division Manager, Inter Comfort Co., Ltd. Sep.2001 - Aug.2002 Internal Audit Department Manager, Singer (Thailand) Plc. Jun.1997 - Sep.2001 Senior Internal Audit manager, Financial and Accounting Manager, CRC. Ahold Co., Ltd. Mar.1995 - Jun.1997 Internal Audit Division Manager, STC Group of Companies Jul.1991 - Mar.1995 Internal Auditor, Siam Tyre Plc. Education : M.B.A. Thammasat University Mini M.B.A. UTCC B.B.A. (Accounting) Ramkhamhaeng University Certified Internal Auditor (CIA) No. 30806 Certified Professional Internal Auditor (CPIA) No. 3012 Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

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20. Mr. Nopphadol Khemayotin Position : Vice President - Business Development and Investment Department Age : 43 years Work Experience : Feb.2004 - Present Vice President - Business Development and Investment Department, BEC World Plc. 2001 - 2003 Senior Vice President, Investment Department Asset Plus Securities Plc. 1999 - 2001 Vice President, Investment Department Asset Plus Securities Co., Ltd. 1998 - 1999 Assistant Vice President, Private Fund Management Department, One Asset Management Limited Education : Bachelor of Arts (B.A.) in Finance and Banking, Thammasat University, Bangkok, Thailand Master of Business Administration (M.B.A) in Finance Western International University, Arizona, U.S.A Certificate of Achievement (Future Market) Sakura Dellsher Education Program, Chicago, U.S.A (Received Full Academic Scholarship) Previous record in illegal dealing : None Previous record in wrong doing on misuse of insiders’ information and inappropriate connected transaction : None Holding of BEC World shares : 0.00% Family relationship : None

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Page 46: Bec 09 058 104

103ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

Na

me

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iries

Page 47: Bec 09 058 104

104 ANNUAL REPORT 2009 BEC WORLD PUBLIC COMPANY LIMITED

SHARE REGISTRAR: THAILAND SECURITY DEPOSITORY COMPANY LIMITED 62TheStockExchangeofThailandBld.RachadapisekRoad,Klongtoey,Bangkok10110 Tel. (66)2229-2800 Fax. (66)2359-1259CALL CENTER : (66)22292888Website: http://www.tsd.co.thE-mail: [email protected]

AUDITOR: DR.VIRACH AND ASSOCIATE OFFICE COMPANY LIMITED 7thFloor,PanuneeBuilding.518/3PloenchitRoad.,Bangkok10330 Tel. (66)2252-2860,255-2518Fax. (66)2254-1210

LEGAL COUNSELOR: INTERNATIONAL LEGAL COUNSELORS THAILAND LIMITED [ILCT] 18thFloor,SathornCityTower175SouthSathornRoad,Bangkok,10120Tel. (02)679-6005Fax. (02)679-6041 P&P Law Firm 3199MaleenontTowerBuildingRamaIVRoad,Klongton,Klongtoey,Bangkok10110Tel. (66)2665-6150 Fax. (66)2665-6153Website: www.paiboon.bizE-mail: [email protected]

FINANCIAL ADVISOR: ASIA PLUS SECURITIES PUBLIC COMPANY LIMITED 11thFloor,SathornCityTower,175SouthSathornRoad,Bangkok10120Tel. (66)2285-1888,2680-1111Fax. (66)2670-9271

REFERENCEPERSONS

Page 48: Bec 09 058 104

สารบัญ

วิสัยทัศน์ของบริษัท “เป็นบริษัทชั้นนำด้านการผลิต และนำเสนอข่าวสาร

สาระและความบันเทิง ที่ให้คุณค่าสูงสุด”

01 ข้อมูลสำคัญทางการเงิน

02 รายงานคณะกรรมการ

04 รายงานคณะกรรมการตรวจสอบ

06 คณะกรรมการบริษัท

08 คณะกรรมการบริหาร และเจ้าหน้าที่บริหาร

09 โครงสร้างกลุ่มบริษัท บีอีซี เวิล์ด 12 การดําเนินธุรกิจของ “กลุ่มบีอีซี เวิลด์”

14 คำอธิบายและการวิเคราะห์ผลการดำเนินงานและฐานะการเงิน 22 รายงานของคณะกรรมการเกี่ยวกับความรับผิดชอบในการจัดทำรายงาน ทางการเงิน

23 รายงานของผู้สอบบัญชีรับอนุญาต

24 งบการเงิน

57 โครงสร้างรายได้ 58 ข้อมูลผู้ถือหุ้นรายใหญ่ 10 รายแรก 59 การจัดการ

84 รายการระหว่างกันกับบุคคลที่อาจมีความขัดแย้งทางผลประโยชน์ ในปี 2552 85 ข้อมูลอื่น

90 ประวัติกรรมการและ เจ้าหน้าที่บริหาร

102บุคคลอ้างอิงอื่นๆ

Page 49: Bec 09 058 104

รายงานประจําปี 2552 บริษัท บีอีซี เวิลด์ จํากัด (มหาชน)

ร า ย ง า น ป ร ะ จํ า ปี 2 5 5 2

บริษัท บีอีซี เวิลด์ จํากัด (มหาชน)

บริษัท บีอีซี เวิลด์ จํากัด (มหาชน) 3199 อาคารมาลีนนท์ ทาวเวอร์ ชั้น 2, 3, 8, 9, 30-34 ถนนพระราม 4 แขวงคลองตัน เขตคลองเตย กรุงเทพฯ 10110 โทรศัพท์ : 0-2204-3333, 0-2262-3333 โทรสาร : 0-2204-1384

www.becworld.com

เลขทะเบียนบริษัท 0107538000673


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