pythainlp/thai-financial-dataset huggingface dataset:
United Securities Public Company Limited Form 56-1

Attachment 2 Positions Held in the Company and Related Companies of the
Board of Directors FY 2010

+---------------+-------+------+------+------+------+------+------+
| Company       | US    | R    |      |      |      |      |      |
|               |       | elat |      |      |      |      |      |
|               |       | ed C |      |      |      |      |      |
|               |       | ompa |      |      |      |      |      |
|               |       | nies |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| List of       |       | S    | S    | A.   | A.   | G    | PP   |
| Directors and |       | anwa | unwa | P.F. | P.F. | roup | C    |
| Controlling   |       | W    | Te   | Hold | Hos  | L    | oral |
| persons       |       | orld | chno | ings | pita | ease | Re   |
|               |       | Ser  |      |      | lity |      | sort |
|               |       | vice |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| Mr.Mitsuji    | x     | / // | /    | /    | /    | x    | /    |
| Konoshita     |       |      |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| Mr.Chokechai  | /     |      |      |      |      |      |      |
| Ta            |       |      |      |      |      |      |      |
| npoonsinthana |       |      |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| Mr.Vikit      | /     |      |      |      |      |      |      |
| Kacho         |       |      |      |      |      |      |      |
| nnarongvanich |       |      |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| Dr.Vorapol    | /     |      |      |      |      |      |      |
| Socatiyanurak |       |      |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| Mr.Tatsuya    | / //  |      |      |      |      |      |      |
| Konoshita     |       |      |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| Mr.Yothin     | / //  |      |      |      |      |      |      |
| Viriyenawat   |       |      |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| Ms.Tippranee  | / //  |      |      |      |      |      |      |
| Chatmanop     |       |      |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+
| Mr. Deepong   | /     |      |      |      |      | /    |      |
| Sahachartsiri |       |      |      |      |      |      |      |
+---------------+-------+------+------+------+------+------+------+

Remark / means Director x means Chairman // means Executive Director

*Newly appointed Director on 2 March, 2011.
2.6 Capital Structure

1. Company’s Capital

In 2010, there has not been any change in the Company’s capital. As of
31 December, 2010, the Company’s capital was registered at 860,000,000
Baht and the paid up capital was 844,083,520 Baht which was divided into
a total common share of 168,816,704 shares at 5 Baht par value and
listed in the Stock Exchange of Thailand.

2. Shareholders

The names and the share holding ratio of the top 10 shareholders as at
31 December, 2010 are listed below:

  ------ -------------------------- ------------- --------------- ---------
         Names of Shareholders      Nationality   Amount held     %

  1.     A.P.F. Holdings Co., Ltd.  Thai          116,126,582     68.79
         ¹                                                        

  2.     Engine Holdings Asia       Singapore     16,544,037      9.8
         Pte.Ltd.²                                                

  3.     Mr. Sitthichai Limpsowan   Thai          4,299,300       2.55

  4.     Mrs.Sirada Limpsowan       Thai          3,768,900       2.23

  5.     Thai NVDR Co., Ltd.        Thai          1,215,800       0.72

  6.     UOB KAY HIAN PRIVATE       Singapore     900,000         0.53
         LIMITED                                                  

  7.     Ms.Chattama Chinrattana    Thai          702,700         0.42

  8.     Mr. Kiat Srijomkwan        Thai          700,000         0.41

  9.     Ms.Patumporn               Thai          563,100         0.33
         Chirarattanapichet                                       

  10.    Mrs.Panya Chinrattana      Thai          506,400         0.31
  ------ -------------------------- ------------- --------------- ---------

Remark : The updated shareholders’ list can be viewed at
www.unitedsec.com before the AGM of the year 2011

Remark ¹ : As of 31 December, 2010 the paid-up capital of A.P.F.Holdings
Co., Ltd. was Baht 281,000,000. The shareholders’ structure is as
follows:

  1. A.P.F. Group Company Limited (49%) carries investment business
  having Mr. Mitsuji Konoshita holding 100% shares

  2. Sanwa World Service Company Limited (49%) was registered in
  Thailand and carries the business of investment both in and outside
  the Stock Exchange of Thailand having as of 31 December, 2010 the
  registered and paid-up capital of Baht 100,000,000 held by A.P.F.
  Group Co., Ltd. (45%), Mr. Fumio Kyuma (0.8%), Mr. Tatsuya Konoshita
  (0.8%), Sanwa World Media Co., Ltd. (45.48%), Mr. Phongsak Thongluang
  (3.96% and Mr. Anek Arampanich (3.96%)

  3. Asukano Foods (Thailand) Co., Ltd. (2%)

  4. Mr. Anek Arampanich (2 shares)

  5. Mr. Phongsak Thongluang (1 share)

Remark ² : Engine Holdings Asia Pte., Ltd. is wholly owned by Engine
Inc., a Japanese nationality company, which carries the business of
investment in Asia regional countries and Engine Inc. having Wedge
Holdings, a Japanese nationality company, holds 100% of its shares while
Wedge Holdings having A.P.F. Holdings Co., Ltd.(Japan) holds 36.43% of
its shares.

3. The Dividend Payment Policy

The Company has a policy to pay dividend to the shareholders approx. 75%
from the net profit of the fiscal year.
Verification of the Information

The Company has made a thorough auditing of all the information stated
in this Annual Report and would like to verify that all information
stated herein is complete and correct and has neither misled nor missed
out any important points needed.

In addition, this also serves to certify the followings:

(1) Financial Statement and other financial information summarized
    herein have fully served to clarify the important financial status,
    operating result as well as cash flow status of the Company and its
    subsidiary.

(2) The Company is accountable for its disclosure system to ensure that
    it has disclosed all of the Company’s and its subsidiary’s important
    information completely and correctly and also ensure the consistency
    of such disclosure system.

(3) The Company is accountable for the initiation of good management
    internal control system of the Company and its monitoring. The
    internal control system assessment information as of 12 January,
    2011 was reported to the Company’s independent auditor and the Audit
    Committee. Such report serves to define the mistakes and the
    significant changes of the internal control system as well as any
    breaches which may have an impact on the Company’s and its
    subsidiary’s financial statement reporting.

In order to verify that all documents are the correct and true copy, the
Company hereby, authorized Mr.Chamnan Chaisricholsilp to make an initial
signature on all pages of the documents. Therefore, any of the pages in
this Annual Report without Mr.Chamnan’s initial signature will be
considered an untrue copy which has not been verified by the Company.

Name Position Signature

1. Mr. Tatsuya Konoshita Authorized Director …………………………...

2. Miss Tippranee Chatmanop Authorized Director ……………….…………..

  Attorney

Name Position Signature

Mr. Chamnan Chaisricholsilp Senior Vice President 

Compliance & Internal Audit Dept. ………………………….
Form 56-1

2010 Annual Report

Ended as at 31 December, 2010

United Securities Public Company Limited

United Securities Public Company Limited

1550 Thanapoom Bldg. 4^(th)-5^(th) fl., New Phetchaburi Road, Makkasan,
Ratchathewi, Bangkok 10400

Tel : 0-2207-0038 Fax : 0-2207-0505

Content

 Page

 Securities Issuer Company 1 

1.  Risk Factors 3

2.  Business Characteristics 6

3.  Business Characteristics of each service 8

4.  Assets Utilization 20

5.  Litigation 22

6.  Capital Structure 26

7.  Management 29

8.  Internal Control 51

9.  Related Transactions 54

10. Financial Status and Performance 59

11. Other Related Information 66

 Verification of the Information 67

Attachment 1 Details of Board of Directors, Management and Controlling Person Attachment 1-1 

Attachment 2 Positions Held in the Company and Related Companies
Attachment 2-1

of the Board of Directors

Attachment 3 Audit Committee’s Report Attachment 3-1
2.11 Other Related Information

-None-
Securities Issuer Company

Head Office

Company Name United Securities Public Company Limited

Address No.1550 Thanapoom Tower, 4^(th)-5^(th) Floor, New Petchburi
Road, Makkasan, Rajthewi, Bangkok 10400

Business Securities Business

Registration No. No. 0107536001575 (formerly BorMorJor 231)

Home Page www.unitedsec.com

Telephone No. (02) 654 7644

Fax No. (02) 207 0505

Registered Capital 860,000,000 Baht or equals to 172,000,000 shares

Number and Type of Share 168,816,704 common shares which are total
number of outstanding shares of the business, par value of Baht 5
/share, total paid-up capital of Baht 844,083,520

Other References

Ordinary Shares Registrar Thailand Securities Depository Co., Ltd.

SET Building 62 Rachadapisek Rd., Klongteoy, Bangkok 10110

Independent Auditor Mr. Niti Jungnitnirundr

CPA. No. 3809

Deloitte Touche Tohmatsu Jaiyos Audit Co., Ltd.

Rajanakarn Bldg. 25^(th) Floor, 183 South Sathorn Road,

Yannawa, Sathorn, Bangkok 10120

Legal Advisor - Dherakupt Law Office Co., Ltd.

546 Univest Complex 15^(th) Floor, Ratchadaphisek Road,

Ladyao, Jatujak, Bangkok 10900

- Kritnin Co., Ltd.

No. 29, Vanissa Building, 2^(nd) Floor, Room B, Soi Chidlom

Ploenchit Road, Lumpini, Pathumwan, Bangkok 10330

-   Pravit Jarupawong Law Office

  90/399 Soi Songsa-ard, Vibhavadi-Rangsit Road

  Jompol, Jatujak, Bangkok 10900

-   U.B. Accounting and Law Co., Ltd.

  16/69/70 Moo 8, Pibulsongkram Road

  Suanyai, Muang, Nontaburi 11000

  - FBLP Legal Ltd.

  Silom Complex Building, 14^(th) Floor,

  191 Silom Road, Bangrak, Bangkok 10500

  - TPNW Law & Solicitors Co.,Ltd.

  68 Pannee2005 Building, 5^(th) Floor,

  Chakrapong Road, Taladyod, Pranakorn,

  Bangkok 10200
2.1 Risk Factors

As the Company has temporarily stopped securities and derivatives
business since 25 October, 2011 due to business transfer to UOB Kay Hian
Sercurities (Thailand) Public Company Limited, the risk factor relating
to such business no longer exists. However, since the Company‘s major
business at present is debt instrument trading and selling agent
business by Fixed Income and Mutual Fund Department, there are probably
risk factors which may have some impact on the Company’s future
operations as follows:

1. Risk from Dealing on Debt Instrument Trading

The Company mainly engages in debt instrument trading which includes
bill of exchange (BE), promissory note (PN) and debenture. There is a
credit risk here from the issuer of BE, PN or debenture. Therefore, the
issuer was accurately evaluated in term of debt payment capability and
rating of the debentures. As for the BE, the Company set up trading
limit of BE for each customer as well as the aval limit of each bank.
Moreover, the auditing system was also set up to investigate the aval
process. For those without bank aval or guarantee, back-to-back method
is applied by matching buyers with sellers to prevent risk may occur.

2. Operational Risk

Operational risk may arise from the internal operational procedures,
human error, Information Technology or any external events which may
affect the Company’s income and capital including its reputation and
reliability.

The Company had set up effective internal control system and regular
improvement of internal operation procedures to facilitate and comply
with the provided financial services pattern to be more efficient and to
be able to control the risks within the acceptable level.

3. Risk from dominance by the major shareholder

Currently, UOB Kay Hian Sercurities (Thailand) Public Company Limited is
the Company’s major shareholder holding 93.47% of the total paid-up
capital common shares of the Company. As a consequence of holding over
75% of the shares, the major shareholder is able to control or dominate
the resolution in the shareholders’ meeting especially the appointment
of directors or any other proposed matters which require majority vote.
Therefore, the other shareholders shall have the risk of not being able
to gather the votes in order to oppose the matters proposed by the major
shareholder. From the total of 9 members of the Board of Directors,
there are 6 directors representing the major shareholders. The rest are
3 independent directors and Audit Committee members who have
responsibilities to govern and examine and at the same time, provide
advice on the Company’s operations. To a large extent this ensures
transparency and fair treatment to all shareholders.
2.4 Asset Utilization

The Company has its office situated at Thanapoom Tower Building,
4-5^(th) Floors, No. 1550 New Petchburi Road, Makkasan, Rajthevee,
Bangkok 10400 by renting the building from Western Property Co., Ltd.
The list of Company’s major assets as at 31 December 2011 are as
follows:

Classification of Assets and Allowance for Doubtful Accounts Policy

The Company has laid down its policy on assets classification and
provisions in accordance with the SEC’s Rules. Debts especially on
margin loan were classified as bad debt, doubtful debt and substandard
debt. The bad debt is identified as the loan balance which after every
efforts of collection, the debt still remains unpaid. The substandard
debt means the loan balance which is not higher than the collateralized
portion of loans and the doubtful debt is the debt which the loan
balance is higher than the collateralized portion of the value of debt.

With such classification of assets, the Company has set up a policy for
the Allowance for Doubtful Accounts to be 100% of the uncollateralized
portion of the value of debts.

The Unrecognition of Revenue Policy

Unsettled transactions will not be recognized as company’s revenue if
they were not settled within 3 months and the Company will set up the
allowance for doubtful debts amount in the rate not less than 100 % of
the loan balance for the uncollateralized portion of the value of debts.

The Allowance for Impairment of Assets Policy

The Company and its subsidiary has set up an allowance for impairment of assets policy by estimating its asset whether there was an indication that such asset might be impaired. The Company and its subsidiary would compare the book value with the asset’s recoverable amount. When the book value exceeded its recoverable amount, the Company and its subsidiary would set up the allowance for impairment of assets. An asset’s recoverable amount was the higher of fair value less costs to sell and value in use. However, the Company considered the allowance for impairment of its assets in the case that there was an indication that such asset might be impaired in accordance with the General Accounting Standard No. 36 concerning the Impairment of Assets.
2.6 Capital Structure

1. Company’s Capital

In 2011, there has not been any change in the Company’s capital. As of
31 December, 2011, the Company’s capital was registered at 860,000,000
Baht and the paid up capital was 844,083,520 Baht which was divided into
a total common share of 168,816,704 shares at 5 Baht par value and
listed in the Stock Exchange of Thailand.

2. Shareholders

The names and the share holding ratio of the top 10 shareholders as at
31 December, 2011 are listed below:

  ------ ---------------------------- ------------- --------------- ---------
         Names of Shareholders        Nationality   Amount held     %

  1.     UOB Kay Hian Securities      Thai          157,796,396     93.47
         (Thailand) Public Company                                  
         Limited¹                                                   

  2.     Mr. Kiat Srijomkwan          Thai          700,000         0.41

  3.     Thai NVDR Co., Ltd.          Thai          633,400         0.38

  4.     Ms. Patumporn                Thai          563,100         0.33
         Chirarattanapichet                                         

  5.     Mr. Sanit Dusadeenode        Thai          505,000         0.30

  6.     Mr. Samrit Mekarunkamol      Thai          350,000         0.21

  7.     Mr. Sompop Patcharanukulkit  Thai          290,000         0.17

  8.     Ms. Saowaluk Chusilp         Thai          250,000         0.15

  9.     Mrs. Ratana Promsawat        Thai          238,400         0.14

  10.    Mr. Sompong Techasophin      Thai          200,000         0.12
  ------ ---------------------------- ------------- --------------- ---------

Remark : The updated shareholders’ list can be viewed at
www.unitedsec.com before the AGM of the year 2012

Remark ¹ : As of 31 December, 2011 the paid-up capital of UOB Kay Hian
Securities (Thailand) Public Company Limited was Baht 502,448,570. 5
Major shareholders are as follows:

  1. UOB-KAY HIAN HOLDINGS LIMITED (70.65%) registered in Singapore,
  carrying investment business

  2. Merchant Partners Securities Public Company Limited (8.15%)
  securities company registered in Thailand

  3. UOB KAY HIAN PRIVATE LIMITED (6.46%) registered in Singapore

  4. Globlex Holding Management Public Company Limited (3.99%) Thai
  holding company

  5. Mr. Sopon Mitrpanpanich (2.26%)

3. The Dividend Payment Policy

The Company has a policy to pay dividend to the shareholders approx. 75%
from the net profit of the fiscal year.
Verification of the Information

The Company has made a thorough auditing of all the information stated
in this Annual Report and would like to verify that all information
stated herein is complete and correct and has neither misled nor missed
out any important points needed.

In addition, this also serves to certify the followings:

(1) Financial Statement and other financial information summarized
    herein have fully served to clarify the important financial status,
    operating result as well as cash flow status of the Company and its
    subsidiary.

(2) The Company is accountable for its disclosure system to ensure that
    it has disclosed all of the Company’s and its subsidiary’s important
    information completely and correctly and also ensure the consistency
    of such disclosure system.

(3) The Company is accountable for the initiation of good management
    internal control system of the Company and its monitoring. The
    internal control system assessment information as of 20 February,
    2012 was reported to the Company’s independent auditor and the Audit
    Committee. Such report serves to define the mistakes and the
    significant changes of the internal control system as well as any
    breaches which may have an impact on the Company’s and its
    subsidiary’s financial statement reporting.

In order to verify that all documents are the correct and true copy, the
Company hereby, authorized Miss Thansuta Banjong to make an initial
signature on all pages of the documents. Therefore, any of the pages in
this Annual Report without Miss Thansuta Banjong’s initial signature
will be considered an untrue copy which has not been verified by the
Company.

Name Position Signature

1. Mr. Chaipat Narkmontanakum Authorized Director …………………………...

2. Mr. Victor Yuen Tuck Choy Authorized Director ……………….…………..

  Attorney

Name Position Signature

Miss Thansuta Banjong Assistant Vice President 

Compliance & Internal Audit Dept. ………………………….
Form 56-1

2011 Annual Report

Ended as at 31 December, 2011

United Securities Public Company Limited

United Securities Public Company Limited

1550 Thanapoom Bldg. 4^(th)-5^(th) fl., New Phetchaburi Road, Makkasan,
Ratchathewi, Bangkok 10400

Tel : 0-2654-7644 Fax : 0-2207-0505

Content

 Page

 Securities Issuer Company 1 

1.  Risk Factors 3

2.  Business Characteristics 4

3.  Business Characteristics of each service 8

4.  Assets Utilization 10

5.  Litigation 11

6.  Capital Structure 14

7.  Management 15

8.  Internal Control 35

9.  Related Transactions 38

10. Financial Status and Performance 42

11. Other Related Information 49

 Verification of the Information 50

Attachment 1 Details of Board of Directors, Management and Controlling Person Attachment 1-1 

Attachment 2 Positions Held in the Company and Related Companies
Attachment 2-1

of the Board of Directors

Attachment 3 Audit Committee’s Report Attachment 3-1
2.11 ข้อมูลอื่นที่เกี่ยวข้อง

-ไม่มี-
บริษัทที่ออกหลักทรัพย์

สำนักงานใหญ่

ชื่อบริษัท บริษัทหลักทรัพย์ ยูไนเต็ด จำกัด (มหาชน)

ที่ตั้ง เลขที่ 1550 อาคารธนภูมิ ชั้น 4-5 ถนนเพชรบุรีตัดใหม่ แขวงมักกะสัน

เขตราชเทวี กรุงเทพฯ 10400

ประเภทธุรกิจ ธุรกิจหลักทรัพย์

เลขทะเบียนบริษัท เลขที่ บมจ. 0107536001575 (เดิมเลขที่ บมจ. 231)

Home Page www.unitedsec.com

โทรศัพท์ (02) 654 7644

โทรสาร (02) 207 0505

ทุนจดทะเบียน 860,000,000 บาท หรือ เท่ากับ 172,000,000 หุ้น

จำนวนและชนิดของหุ้น เป็นหุ้นสามัญที่จำหน่ายได้แล้วทั้งหมด จำนวน 168,816,704 หุ้น
มูลค่าที่ตราไว้หุ้นละ 5 บาท หรือคิดเป็นทุนที่เรียกชำระแล้วทั้งสิ้น 844,083,520 บาท

บุคคลอ้างอิงอื่น ๆ

นายทะเบียนหุ้นสามัญ บริษัท ศูนย์รับฝากหลักทรัพย์ (ประเทศไทย) จำกัด

อาคารตลาดหลักทรัพย์แห่งประเทศไทย

 62 ถ. รัชดาภิเษก แขวงคลองเตย

เขตคลองเตย กรุงเทพฯ 10110

ผู้ตรวจสอบบัญชี นายนิติ จึงนิจนิรันดร์

  ผู้สอบบัญชีรับอนุญาต หมายเลข 3809

  บริษัท ดีลอยท์ ทู้ช โธมัทสุ ไชยยศ สอบบัญชี จำกัด

อาคารรัจนาการ ชั้น 25 เลขที่ 183 ถนนสารทรใต้

แขวงยานนาวา เขตสารทร กรุงเทพฯ 10120

ที่ปรึกษากฎหมาย - บริษัท สำนักกฎหมาย ธีรคุปต์ จำกัด

  เลขที่ 546 อาคารยูนิเวสคอมเพล็กซ์ ชั้น 15

  ถนนรัชดาภิเษก แขวงลาดยาว เขตจตุจักร กรุงเทพฯ 10900

- บริษัท กฤตณิน จำกัด

  เลขที่ 29 อาคารวานิสสา ชั้น 2 ห้อง 2 บี ซอยชิดลม

  ถนนเพลินจิต แขวงลุมพินี เขตปทุมวัน กรุงเทพฯ 10330

-   สำนักกฎหมาย ประวิตร จารุภวงศ์

  เลขที่ 90/399 ซอยทรงสะอาด ถนนวิภาวดีรังสิต

  แขวงจอมพล เขตจตุจักร กรุงเทพฯ 10900

-   บริษัท ยู.บี. การบัญชีกฎหมายและนักสืบ จำกัด

  เลขที่ 16/69/70 หมู่ที่ 8 ถนนพิบูลสงคราม ตำบลสวนใหญ่

  อำเภอเมือง จังหวัดนนทบุรี 11000

-   บริษัท เอฟบีแอลพี ลีกัล จำกัด

  เลขที่ 191 อาคารสีลมคอมเพล็กซ์ ชั้น 14 ถนนสีลม บางรัก กรุงเทพฯ 10500

  - บริษัท ที พี เอ็น ดับเบิ้ลยู ลอว์ แอนด์ โซลิซิเตอร์ส จำกัด

  เลขที่ 68 อาคารพรรณี 2005 ชั้น 5 ถนนจักรพงษ์

  แขวงตลาดยอด เขตพระนคร กรุงเทพฯ 10200