voting rights” and opened public hearing on the matter in late 2018. The stakeholders mostly agreed with the principle. SEC is proposing a draft notification of the Ministry of Finance which reflects
. For example, an offering at the market price does not require the approval of the shareholders’ meeting while an offering at a lower-than-market price requires the approval of the shareholders’ meeting
Bangkok, October 15, 2015 ? The SEC is seeking public comments on the proposed revision to the tender offer rules concerning shareholders? approval (whitewash resolution) for business takeover and
offering in the shareholders’ meeting notice for the benefit of investors’ decision making. The main purpose is to enhance protection for the existing shareholders and prevent offering of benefits to any
Prohibited Characteristics of Directors, Executives and Major Shareholders of Trustees
operators and provide investors with quality, diverse and widespread services; (2) Shareholders? meeting: allowing a shareholders? meeting of a listed company to be held pursuant to the SEC's order and upon
the public and all relevant stakeholders regarding the principles to amend these two Acts as follows: (1) broadening the channels for business operators to disclose financial statement information and
companies; therefore, shareholders are not involved in the decision making regarding such transaction.The SEC therefore is proposing to amend the rules governing the execution of material transactions and
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