separation of the role of chairman and CEO in order to ensure an appropriate balance of power between the board of directors and the management. UPDATE: The SEC has issued the Notification of the Capital
separation of the role of chairman and CEO in order to ensure an appropriate balance of power between the board of directors and the management. UPDATE: The SEC has issued the Notification of the Capital
related associations The SEC has the power to make an order for the directors or members to clarify about facts of the associations. The SEC or the officers are empowered to enter the association during the
the power of the Stock Exchange of Thailand and the Securities and Exchange Commission to order a listed company to reschedule its shareholders' meeting if the company adds a new significant matter to
Supervisory Board No. Tor Jor. 23/2551 defines the term, “executive" as the manager or the next four executives succeeding the manager, the persons holding equivalent positions to the fourth executive, and the
the plaintiff shall also have the power to proceed with the execution of the case for the plaintiff and the members of the class. Accordingly, Class Action will be able to deliver justice to several
the same manner as the first four highest ranking executives next to the chief executive? A: Yes. Like company executives, the name and personal information on the company secretary must be disclosed
the same manner as the first four highest ranking executives next to the chief executive? A: Yes. Like company executives, the name and personal information on the company secretary must be disclosed
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the