to the tender offer date. 7. Expected Benefits to the Company The entering into of the Shares Purchase Transaction is in line with a crucial strategy of the Company, as it will benefit the Company and

Transaction is in line with a crucial strategy of the Company, as it will benefit the Company and the Company’s shareholders as follows: 7.1 Due to the fact that GLOW’s effective capacity7 for power generation

attractive returns.  The provision of targeted subsidies that are crucial to enable the cost competitiveness of specific green technologies and to enable industrial transitions, for example, the subsidies

resource allocation by their board of directors and executives that is practical and meets the standards established by an international organization concerning capital market supervision is crucial and

from EGAT regarding the consideration of power purchasing and waiting for the upcoming new PPA signing. All 5 replacement projects are under development process with the scheduled commercial operation

ongoing overall economic growth, together with the planned public sector investments spending and upcoming general elections at the end of the year. As such, the Company plans to still continue the

ICGN Global Governance Principles Published by the International Corporate Governance Network Saffron House 6 -10 Kirby Street London EC1N 8TS UK © International Corporate Governance Network 2014 All rights reserved. Dissemination of the contents of this paper is encouraged. Please give full acknowledgement of the source when reproducing extracts in other published works. ICGN, the contributors and the editor of this publication accept no responsibility for loss occasioned by any person acting o...

capital market supervision is crucial and necessary. The regulations under this Notification set a standard for operation of securities clearing houses and central securities depositories so that their

attract and retain well-qualified personnel. Remuneration plays a crucial role in establishing and maintaining the culture of an organisation. This means that institutional investors will need to consider

corporate governance frameworks reduce investor confidence, and can discourage outside investment. Also, as pension funds continue to invest more in equity markets, good corporate governance is crucial for