has applied the calculation from the volume weighted average price of the Company’s ordinary shares traded on the Stock Exchange of Thailand (“SET”) 7 consecutive working days prior to the date on which
the Company’s shares traded on the SET during the 7 consecutive business day prior to the date on which Board of Directors’ Meeting of the Company resolved to propose to the shareholders’ meeting to
offering price designated by shareholders and is the market price. In consideration of the market price, the Company used the volume weighted average price of the Company’s shares traded on the SET during
governance framework and develop more detailed mandatory or voluntary provisions that can take into account country-specific economic, legal, and cultural differences. The Principles focus on publicly traded
............................................................................... 43 definiTiOnS Cumulative voting: cumulative voting allows minority shareholders to cast all their votes for one candidate. suppose that a publicly traded company has two shareholders, one holding 80
Governance of Publicly Traded Company - Definition (Section 89/1) - Qualifications and the removal of directors and executives (Section 89/3 - 89/6) - Duty and responsibility of directors and
attending the meeting and having the right to vote without any objection on the proposed offering 1 Market price means the weighted average price of the Company’s ordinary shares traded on the Stock Exchange
shareholders attending the meeting and having the right to vote without any objection on the proposed offering 1 Market price means the weighted average price of the Company’s ordinary shares traded on the Stock
shares traded on the Stock Exchange of Thailand (the “SET”) for 7 consecutive days prior to the date on which the Board of Directors resolved to propose the said offering for approval at the Extraordinary
/1 Governance of Publicly Traded Company – Section 89/1 to Section 89/32 of the Securities and Exchange Act B.E. 2535: “CHAPTER 3/1 GOVERNANCE OF PUBLICLY TRADED COMPANY SECTION 89/1 In this Chapter