related to properties in or outside the Kingdom including to accept donated properties; (2) borrow or lend money as well as make investment for profit; (3) determine the fees for filing registration
the company and its subsidiaries? failures to appraise the fair value of fixed assets in order to determine their realization value as well as the auditor?s dissatisfaction by means of other audit
exchange issued by commercial banks having credit rating not lower than investment grade, providing that support rating will also be allowed.The revised regulations will clearly determine responsibility of
Establish Branch Offices (No. 2) 07/12/2010 01/01/2011 3. Notification of Capital Market Supervisory Board TorThor 8/2551 Rules, Conditions, and Procedures for Applying for Permission and Granting of
Exchange Act 2535 92 12/03/1992 16/05/1992 2. Notification of Capital Market Supervisory Board TorThor 31/2556 Rules on Application for Obtaining an Approval and Granting to Establish Branch Offices
at least five members to the board of directors, and of this at least two board members shall be independent directors, as well as to establish an audit committee. These requirements aim to ensure that