Saha Pathana Inter-Holding Public Company Limited (SPI) received certificated CAC

18 October 2016

Mrs. Chantra Purnariksha, President and Executive Director of Saha Pathana Inter-Holding Public Company Limited, received certification of membership on “Thailand’s 7th National Conference on Collective Action Against Corruption” in Collective Action Coalition (CAC) program from Mr. Pramon Suteewong, President of the Anti-Corruption Organisation of Thailand (ACT), in the 7th annual seminar along with representatives from 23 other companies which were certified by the CAC program in 2016 and another 4 companies which have been continuously certified for three consecutive years. The event was held on Tuesday 18th October 2016 at Napalai Ballroom, Dusit Thani Hotel & Resort (Bangkok). The event was presented by The Thai Institute of Directors Association (IOD), Thai Chamber of Commerce, The Thai Bankers Association, International Chamber of Commerce, Thai Listed Companies Association, Federation of Thai Capital Market Organizations, The Federation of Thai Industries, and Tourism Council of Thailand.

CAC is a volunteer program open to all companies. Currently, there are 732 companies which presented themselves as against corruption by definition not receiving, paying or provide any related bribery activities as requested by CAC participation. Of the 732 companies, 361 are registered companies. At the end of the third quarter 2016, 23 companies further received the certification, making a total of 200 Saha Group of companies certified in the process.

The companies receiving the certificate from the ACT presented themselves as companies against corruption. These companies have passed the requirements of the CAC program and are certified by either the head of the auditors or by a set of external auditors. This process ensures that the companies had checks in place for anticorruption policies and performances which are aligned with CAC standards. The CAC Certificate demonstrates that the companies have anticorruption policies and protection systems in place against corruption and bribes, however it does not certify personnel.