Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By virtue of (1) The second paragraph of
of the Office of the Securities and Exchange Commission No. SorThor. 49/2549 Re: Rules on Exemption from Appointment of Independent Director of Securities Companies -------------------------------- By
) and Economics), Georgetown University, Washington D.C., U.S.A Current Appointments Member of Financial Institutions Policy Committee, Bank of Thailand Independent Director and Member of the
board‟s responsibilities inherently demand the exercise of objective, independent judgement. However, given the ownership structure in Asia, directors often remain appointees of controlling shareholders
Company has a duty to disclose the information memorandum regarding such transaction to the SET and appoint an independent financial advisor to provide opinions on the transaction as well as arrange to
memorandum regarding such transaction to the SET and appoint an independent financial advisor to provide opinions on the transaction as well as arrange to obtain approval from its shareholders’ meeting on the
, both the Board of Directors and the Audit Committee view that such transaction is reasonable and beneficial to the company. However, the independent financial advisor is of the opinion that the
Supervision of Business and Market Intermediaries , Sales Conduct and Provision of Investment Advice Experiences Independent Director, Audit Committee Member, and Corporate Governance Committee Member