Group of companies Corporate Profile

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Group of companies Corporate Profile 47 Soi 53, Rama 3 Road, Bangpongpang, Yannawa, Bangkok 10120, THAILAND Tel: (662) 294-8504, Fax: (662) 294-2345, Website: www.asv.co.th

About us ASV & ASSOCIATES LIMITED is a Certified Public Accountant firm incorporated since 1980 under Thai law and based in Bangkok,Thailand. We offer a wide variety of assurance and advisory services, as well as integrated accounting software solution. We also provide advisory services to individuals and corporate investors by giving insight into analysis of feasibility studies and financial due diligence for their investments. Since 1997, ASV has joined MGI, which is one of the largest international associations of independent accounting and consulting firms, with over 200 offices in more than 70 countries and a combined turnover of over US$250 million, currently ranked among top 20 of the world in accounting and consulting services. For more information about MGI, please visit http://www.mgiworld.com

Our History ASV & ASSOCIATES was founded in 1980 as an audit firm by Mr. Anusorn Kiatgungwalgri, currently the managing partner. In 1990, the firm expanded ranges of services to address other corporate needs such as M&A due diligence, consulting and accounting software integration. The firm then became locally and internationally recognized and in 1997 joined the MGI group. At present, the firm has 2 partners, 6 CPAs, and other 40 service professionals and continues to grow steadily. We have also been approved by Thailand Securities and Exchange Commission to provide assurance services to companies listed in the Stock Exchange of Thailand (http://www.sec.or.th). We are also official member of Public Accountancy Oversight Board, the non-profit corporation created by Sarbane-Oxley Act 2002 to oversee the audit of US. listed companies.

Our Services Audit and Advisory To meet statutory requirements for quarterly and annual review/audit engagements for listed and nonlisted companies. Our approach provides not only recommendations for tax compliance but also internal control improvement. Tax We provide monthly tax fling, personal and corporate income tax consultancy, and tax compliances. Corporate Finance Manage your risk through our corporate finance service. Our qualified service professionals can assist you for investment opportunities such as valuation and due diligence for merger and acquisition.

Our Services Business Software Solution Provider Our IT Department under ASV Consulting Ltd. provides business software implementation, consultation, and appropriate training using SAGE Accpac ERP for Integrated Accounting Solution and SAGE CRM for Customer Relationship Management Solution. Executive Payroll Through Payroll Outsourcing Service, you can trust our strictly confidential service for monthly executive payroll, tax, and social security filing. We also provide the payroll system implementation based on Business Plus Payroll Software. Other Corporate Services Company registration Changes of company s director Increase or reduction of company s capital Liquidation of companies BOI application Visa & Work Permit for expatriate employees

Current Staff Profile Mr. Anusorn Kiatgungwalgri, CPA, DCP ---- [Senior Partner] Anusorn holds a Bachelor s Degree in Accounting from Thammasat University. His career span has encompassed more than 40 years in audit & advisory area, including his several years working experiences with Ernst& Young in UK and Bangkok Offices. His entrepreneurial spirit and commitment to excellence has been well reflected in overall firm value. He also completed Director Certification Program, organized by the Institute of Directors. He currently represents the firm as S.E.C.-approved auditor of companies listed in the Stock Exchange of Thailand. Ms. Kwunjai Kiatgungwalgri, CPA (Thailand), CPA (USA), CIA ---- [Partner] Kwunjai obtained fist-class honor in her B.A. Accounting from Thammasat University and obtained the Fulbright Scholarship to study toward Masters Degree in Professional Accounting at the University of Texas at Austin. She is also qualified as U.S. Certified Public Accountant and Certified Internal Auditor. Kwunjai has been exposed to international audit practice through her experience with Big-Fours in Thailand and in USA. Her prior experience with Thailand S.E.C. enhances the knowledge of regulations in M&A and IPO, a capability much needed to assist clients in valuation and due diligence process.

Current Staff Profile Mr. Noppadol Sa-ngaimkokgraud B.A (Accounting) ---- [Director] Noppadol has an extensive experience in operational system set up, serving clients in IT, food processing, manufacturing, and trading sectors. With solid background in accounting and IT, his active involvement in SAGE ACCPAC Integrated Accounting Software Solution and implementation proves his contribution to rapid growth of our IT solution practice. He is currently the leader of Taxation Technical Committee. Mr. Ton Khansungnorn, CPA ---- [Director] Ton has been in charged with the Audit & Advisory Department since 1995 and currently manages over 40 clients in manufacturing, properties, life assurance, and services sectors. He is also in charge as the leader of company law team. Mr. Boonkiat Dechawaranont, ---- [Associate Director] Boonkiat had spent the last 10 years with PwC as Associate Director of IT audit and IT Risk Management prior to joining us. His major responsibility is IT risk assessment, IT control evaluation and establishment key control improvements to mitigate various IT risks, disaster & recovery plan. Furthermore, as being a member of ISACA he also has significant skills as internal audit using risk-based approach and using CobiT framework for implementing IT Governance.

Current Staff Profile Ms. Tippawan Pumbansao, CPA ---- [Director] Tippawan spent the last 8 years with the firm and currently being promoted to Senior Manager. Her responsibilities include listed clients in manufacturing and service, real estates, in addition to her dedication to servicing mutual funds, general insurance as well as nonprofit organization. She also possesses strong knowledge of S.E.T. and S.E.C. regulations and expertise in training. She is the firm s leader of Thailand Auditing Standard Technical Committee. Mr. Prasitporn Kesama, CPA ---- [Senior Manager] Prasitporn has over 5 years of audit experience, having strong expertise and industrial knowledge in insurance, manufacturing sectors, and listed companies. He also leads a team assisting international clients in their incorporation in Thailand, BOI promotion application and tax planning. Mr. Satis Kiatgungwalgri, CPA ---- [Assistant Manager] Satis holds a Bachelor s Degree in Accounting (BBA) from Thammasat University. He is the youngest CPA in the firm but had a few years earlier working experience with Ernst & Young Bangkok. He has extensive experience in audit and advisory. He is also in charged of corporate services such as company registration and payroll outsourcing services. He is also fluent in Chinese Mandarin communication.

Our clients

Our clients