downward trend of the equity market was due partly to market correction after a strong surge during the second half of 2003. Nevertheless, there were a number of negative factors shedding uncertainty on the
our promotion of overseas investments, strengthened enforcement on insider trading, share manipulation, executive misconducts, accounting frauds, false documentation of securities issuance and offering
year) yields increased as demand from short-term mutual fund investors started softening due to intense competitions for deposit campaign among commercial banks. As a result, the yield spread between 10
will get all five seats, as s/he will always outvote the minority share- holder by 80:20. cumulative voting would allow the minority shareholder to cast all his/her votes (five times 20 percent) for one
practitioners in their efforts to take corporate governance to a higher level. Indeed, the 2008 worldwide financial crisis reminded Asia and the world of the critical importance of strong corporate governance to
) Disclosure and transparency; The chapter identifies key areas of disclosure, such as the financial and operating results, company objectives, major share ownership, remuneration, related party transactions
from the impact, reflecting fundamental confidence on the part of the investors. Overall, the SET made a strong advance as the SET index climbed from 269 at the end of 2000 to 342 just prior to September
FROM THE CHAIRMAN (Suchart Jaovisidha) Chairman SCE_Eng_p.1-16 10/29/04, 1:05 AM4 5 In 2003, the bullish stock market was a good reflection of Thailandûs economic recovery with strong outlook and
objectives. Therefore, the SEC places strong emphasis on outcome-based development of employee competencies to ensure effective job performance for the benefit of investors, other stakeholders and the general
shareholders to exercise their rights. Section 1 Rights of shareholders 61Section 1 Rights of shareholders Basic shareholder rights include the right to 1) buy, sell, or transfer shares 2) share in the profit of