reasonable and beneficial to the Company and its shareholders because the disposal of the investment will cause improvement of the Company’s performance and flexibility in operation of the Company’s core
reasonable and beneficial to the Company and its shareholders because the disposal of the investment will cause improvement of the Company’s performance and flexibility in operation of the Company’s core
to be rigid or formulistic. It is designed to offer CRAs a degree of flexibility in how these measures are incorporated into the business, and market circumstances. CRAs should give full effect to the
criteria should be designed with rigor but with sufficient flexibility to allow for iterative review and updating as research and markets develop. Over time, the criteria should take into account the
Governance 3. Business Stewardship – Leadership Quality Financial Sustainability What financial flexibility does the company have to respond to disruption and transition business model to evolving industry
20T H ANNIVERSARY 1 Securities and Exchange Commission, Thailand Annual Report 2012 SEC ANNUAL REPORT 20122 THE YEAR OF CHANGE The year 2012 was the time for change to become the visionary partner whose balance between proactive and preventive approaches has led to stakeholders’ confidence in the Thai capital market. THE YEAR OF CHANGE 20T H ANNIVERSARY 1 02 MESSAGE FROM THE CHAiRMAN 04 MESSAGE FROM THE SECRETARY-GENERAl 06 SEC BOARd 09 CApiTAl MARkET SupERviSORY BOARd 12 ExECuTivE OFFiCERS 13 O...
intended to apply, with appropriate flexibility, to all investment styles and approaches. They are aspirational standards that the ICGN encourages member organisations and their peers to seek to adhere to as
allocating the shares to any subscriber if such allocation causes or may cause the infringement of foreign shareholding restriction as specified in the Articles of Association of the Company which, at present
the Securities and Exchange Act B.E. 2535 (1992), which contain certain provisions relating to the restriction of rights and liberties of persons which Section 29 in conjunction with Section 33, Section
of France: “Cour d’Appel de Bobigny”. Restriction on distribution and use of this opinion: the opinion is provided by Vigeo Eiris to CHANEL and can only be used by them. It is established for the