The Capital Market Supervisory Board (CMSB)’s meeting, chaired by SEC Secretary-General Ruenvadee Suwanmongkol, passed a resolution yesterday to facilitate listed companies and securities issuers who have to postpone their annual general shareholders’ meeting – and are subsequently unable to appoint an auditor – due to the spread of the novel Coronavirus (Covid-19).

In this regard, CMSB has allowed the affected listed companies and securities issuers to appoint an auditor on the SEC approved list to audit their financial statements for the first quarter of the year. This will facilitate the financial statements submission to SEC, as required. However, the companies must propose the auditor appointment for the shareholders’ consideration at the next shareholders’ meeting to be held in due course.