have been achieved. The capital market has developed and gone through a major turnaround in support of the country’s economic revival and sustained growth. Such advancement was reflected in the increase
oriented growth companies and to balance any increase in leveraging. The updated G20/OECD Principles of Corporate Governance (the Principles) therefore provide a very timely and tangible contribution to the
enterprises, some of the regulations were revised by the SEC. The limit on shareholding requirement for independent directors were eased slightly so as to increase the potential number of such directors. The
on Appointment of Selling Agent to Increase Securities Distribution Channels ● Investor Education Program 31 GOAL 2 Promote and Develop Mechanism to Empower Investors ● Promotion of Good Corporate
increase or 178.26 points higher than the 2006 Index which closed at 679.84. Throughout the year we accomplished our endeavors to develop the capital market to its next level of growth potential. We launched
long-term savings policies. The legal enforcement against securities business offenses became more efficient with a significant increase in the number of fine settlement cases and a milestone progress in
, stronger protection for shareholder rights, whistle blower protection, and provisions to increase the independence and professionalism of the Securities and Exchange Commission (SEC). The SEC has also
commercial and insolvency judges and professionals, (ii) the dissemination of insolvency legislation and judicial decisions, (iii) cooperation in cross-border insolvency cases. Companies should establish
increase flexibility and effectiveness in business operations by delegating other persons, who are prepared to operate the business under the principle of principal-agent relationship. SEC has held three
increase engagement and representation of a broader range of market participants such as investment management companies, listed firms, institutions or associations whose main focuses are investor education