external challenges. Finally, I wish to sincerely thank the SEC’s management and officers and all parties who have dedicated their effort towards the sustainable development of our capital market. I am

uncertainty and external challenges led by record-high oil prices, fluctuation of foreign capital flows at rapid speed and in high volume, and US subprime mortgage crisis. Yet, the Thai capital market succeeded

years. The capital market, as a fine piece of the picture, glues and connects other elements to complete the whole picture, and is well reflected by the confidence of domestic and foreign investors in the

) and Department of Foreign Trade successively. M em be rs o f th e SE C B oa rd page 08-09 Securities and Exchange Commission, Thailand Mr. Panas Simasathien Mr. Chaiyawat Wibulswasdi Mr. Sompol

in the Principles but are treated more explicitly in a number of other instruments including the OECD Guidelines for Multinational Enterprises, the Convention on Combating Bribery of Foreign Public

. While net selling volume of foreign investors was recorded at 24,609 million baht, net buying volume in 2003 of domestic institutional investors and retail investors were 19,573 million baht and 5,036

) and postal and electronic voting are not allowed. Foreign shareholders face limits on their participation in certain companies, and custodians do not have explicit requirements to act on their behalf

institutions should be adequately resourced, credible and accountable, and work closely and effectively with other domestic and external institutions. They should be supported by a credible and efficient

are representatives from the private sector, external experts. 7. ​Seek approval from SEC Board/CMSB/SEC Office before drafting the notification * ​8. ​Draft the notification: Draft notifications shall

, appoint the external auditor, and make decisions on any transactions that affects the company, such as dividend payment, amendments to the company’s articles of association or bylaws, capital increases or