been made with ho nest belief and reasonable ground that it is for the best interest of the company; (2) decision has been made in reliance of information honestly believed to be sufficient; and (3
exceeding four persons appointed by the Minister of Finance as proposed by the Nomination Committee. Expert Board members must have qualifications and do not possess any prohibited characteristics as
exceeding four persons appointed by the Minister of Finance as proposed by the Nomination Committee. Expert Board members must have qualifications and do not possess any prohibited characteristics as
place for the nomination and development of the chief executive officer and key executives to ensure that they possess the knowledge, skills, experience, and characteristics necessary for the company to
into account the following two conditions: (1)The decision has been made with honest belief and reasonable ground that it is for the best interest of the company and; (2)The decision has been made
Nomination Committee, which is also appointed by the Minister of Finance. Expert Commissioners must have qualifications and do not possess prohibited characteristics as specified by law, and at least one
for the working field of asset appraisal, possess prohibited characteristics as prescribed; Not being ordered by the SEC to suspend functioning as appraisal company in capital market or being under the
over five years per period 2.1.2 Qualification of Approved Auditor An auditor to be granted approval by the SEC shall possess qualifications of an individual person and of the firm to
major shareholders and company’s executives. The Office of Securities and Exchange Commission requires that at least one third of the board be independent directors and fully possess characteristics as
major shareholders and company’s executives. The Office of Securities and Exchange Commission requires that at least one third of the board be independent directors and fully possess characteristics as