explanation from the company directors in order to make a prudent decision on their voting. The SEC requires that any material acquisition and disposal of assets subject to the shareholders? approval must have
management companies must provide explanation concerning the funds for investors? understanding and must also take necessary steps to ensure that investors learn of associated risks prior to making investment
2024 annual compliance reports. In this front, reporting of any non-application or unfinished application of the recommended guidelines shall be accompanied by the explanation of the associated
annual report. The information available in MD&A and risk factors includes analysis and explanation concerning the impact on business operation, financial condition, operating result, obligation for prior
explanation to the SEC accordingly. In performing duties, investment consultants can send trading orders only when obtaining instructions from the clients. They are not allowed to make securities
information, exercise their rights at the shareholders? meeting on July 1, 2015 to protect their own benefits and seek clarification or explanation from the company directors and executives so as to have
explanation from the company directors and executives so as to have sufficient information for their decision-making.The above transaction must be approved by shareholders with at least three fourths of the
. However, Mr. Suphanan failed to perform his duty as directed and submitted a clarification letter to the SEC. The SEC considered his explanation inadmissible. The SEC has viewed that Mr. Suphanan’s
become effective from 1 May 2021.”The SEC has issued a circular to auditors to provide explanation and guidance on the amendments to the requirements for applying for approval and maintaining status as
, exercise their rights to protect their own benefits and seek clarification or explanation from the company directors and executives so as to have sufficient information for their decision-making.The above