+ restrictions in transfer of trust units with provisions in more details Termination of a trust When a trust sells off the infrastructure assets and is unable to increase the investment to bring to net
Termination of a trust When a trust sells off the infrastructure assets and is unable to increase the investment to bring to net asset value to be equal to or higher than 75% of the minimum net asset value
Perform duties as specified by laws and the trust instrument R elated Rules/Regulations The Notification of the Securities and Exchange Commission No. KorKhor. 9/2552 Re: Rules on Application for
company director and therefore must perform duties with care and loyalty. In any case, if the independent director can prove that he or she has performed duties to the best of his or her knowledge and
company who fails to perform his duties with responsibility, due care and loyalty.) Section 305 (Person who damages, destroys, conceals, any property or document which the competent officer has seized
company who fails to perform his duties with responsibility, due care and loyalty.) Section 305 (Person who damages, destroys, conceals, any property or document which the competent officer has seized
citizenship; and (4) corporate resilience Principle 1.3 The board should ensure that all directors and executives perform their responsibilities in compliance with their fiduciary duties, and that the company
investment decision of the public, appraisal requires a knowledgeable, capable and responsible person to perform. The SEC have stipulated the undertaking of the asset appraisal by an appraisal company whose
limited, have been granted a license from the SEC Board, and at least two-fifths of the total number of directors must be persons who can perform duties to look after the benefits of members, investors and
limited, have been granted a license from the SEC Board, and at least two-fifths of the total number of directors must be persons who can perform duties to look after the benefits of members, investors and