with the rules, conditions and procedures as specified in the notification of the Capital Market Supervisory Board by failing to report the appointment of the highest level responsible person that is Mr
and procedures as specified in the Notification of the Capital Market Supervisory Board by failing to report the discontinuation of the highest level responsible person in the compliance unit (Head of
and procedures as specified in the Notification of the Capital Market Supervisory Board by failing to report the appointment of the highest level responsible person in the compliance unit to the SEC
Supervisory Board No. Tor Jor. 20/2551, Re: Rules for Entering into Material Transactions Deemed as Acquisition or Disposal of Assets, being the highest value at 0.20% of the total assets of the Company and its
is 61.84 percent as calculated based on the total value of consideration criterion, which gives the highest transaction value. After computation of the foregoing with the transaction size of the
, boosting up margin of the Company Transaction Size The highest value of transaction is based on total value of consideration, equaling 5.67% with reference to the latest audited consolidated financial
their highest benefit, support of financial service competition, transparent data disclosure and maintenance of financial stability, among others. Meanwhile, commercial banks’ customers, especially small
Company shall then transfer the asset to the highest bidder, under the condition that the price of each asset, regardless of any circumstance, shall not be lower than the “base price” approved by the
problems and developing the well-being of the community, society, public health or the environment, without pursuing the highest returns for shareholders. Since the rule would require that social enterprises
’ objectives are to solve social problems, promote public benefits, and develop the community without focusing on making highest profits for shareholders, which are different from typical limited companies