. However, attending the said board meeting does not clear any directors from wrongdoings in the past. If any of them are found to have obstructed a shareholders meeting or prevented it from taking place
Bangkok, April 23, 2012 ? The SEC urges listed firms to emphasize on clear and complete disclosure of information in documents and reports in preparation for assessment of ASEAN Corporate Governance
of foreign banks only is acceptable. In any case, moreover, clear statement on legal issues must be included for investment decision making.?In case that the foreign bank branches offer for sale of
expected to help tackle with the issues concerning discounted private placement, capital increase without clear objective or use of money raised through capital increase for other objectives.
regulations focus more on clear and adequate information disclosure for investment decision making,? said Vorapol.
aspects are summarized as follows:(1) Enhancing clarity in PFS disclosure requirements by stipulating that disclosures must be clear, transparent, and not misleading regarding the nature, type, risks, or
of the mutual fund over the past five years (or since inception if the fund has been established less than five years), as measured from NAV per unit from peak to trough when NAV per unit declines
years), as measured from NAV per unit from peak to trough when NAV per unit declines. Maximum Drawdown is the information that helps determine the risk of loss from investing in the mutual fund