) creation of numerous fictitious transactions to generate revenues and a falsify impression of giant-leap business expansion, etc. Given such landscape, encouraging listed companies to implement measures to
professional standards. Other causes included a scarcity of knowledgeable personnel with specific expertise such as financial reporting standards and auditing standards, insufficiency of clear and detailed audit
participants. The IOSCO CRA Principles address four key objectives that are designed to promote informed, independent analyses and opinions by CRAs.2 This, in turn, is designed to promote the three core
corporate governance have prompted world-class organizations to implement best practices to strengthen their governance regime. In Thailand, the Stock Exchange of Thailand (SET) has prepared the “Principles
circumstances change, the different provisions of the corporate governance framework should be reviewed and, when necessary, adjusted. Countries seeking to implement the Principles should monitor their corporate
. Sucharit Koontanakulvong 2. Approved the connected transaction with the related companies. (Details as attachment) Please be informed accordingly Yours sincerely, Kiyoyasu Asanuma Managing Director
that are mainly or entirely involved in sustainable activities, but their bonds are not aligned to the four core components of the Principles. In such cases, investors will need to be informed
companies that integrate Environment, Social and Governance (ESG) factors in their business practices. Furthermore, in the event that an Investee Company fails to implement ESG principles, the Institutional
price dumping, and (4) disclosing relevant information to assist investors in making informed investment decisions. In this context, the SET’s Board of Governors may adjust and implement the above