independent government agency responsible for carrying out the tasks under the direction and guidance of the Board under the leadership of the Secretary-General as the Chief Executive Officer (CEO). Day-to-day
private sector and lack guidance more generally on board appointment and other key shareholder functions. Shareholders may receive as little as seven days notice for the GMS (general meeting of shareholders
repo market in February 2008 and conduct bilateral repo transactions with primary dealers instead. Private repo will become more and more important source of funding and in turn contributing to expansion
governance for all companies, including smaller and unlisted companies. The Principles provide guidance through recommendations and annotations across six chapters: G20/OECD PRINCIPLES OF CORPORATE GOVERNANCE
fulcrum balancing the ownership rights enjoyed by shareholders with the discretion granted to managers to run the business. In this regard, the board should exercise strategic guidance of the company
are to maintain efficient, M.R. Pridiyathorn Devakula Chairman Message from the Chairman A n n u a l R e p o r t 2 0 0 6 3 Thirachai Phuvanatnaranubala Secretary-General The economic expansion was on
● Development of Debt Instrument Secondary Market Expansion of Investor Base and Distribution Channels for Investors and Promotion of Investment Culture ● Additional Mutual Fund Management Licenses in the Thai
Expansion of Investor Base and Distribution Channels Coupled with Promotion of Investment Culture ■ Additional Mutual Fund Management Licenses to Promote Professional Management in the Thai Capital Market