(ESOP) is a tool to create motivation for personnel of the company to work effectively to promote the growth of the company by providing opportunity for directors and employee to take part in the
ESOP (the difference is that EJIP is based on existing shares, whereas ESOP involves issuing new shares for capital increase) Principles Creates returns to directors or employees Application of
integrity. The SEC also oversees regulatory compliance and enforces the governing laws to ensure that the capital market will be developed toward sustainable growth and generate positive impacts on the
business, not having records of contravening or failing to comply with the criteria for offering securities in substantive matters. 1.3 Having obtained a clear resolution on approval for the capital
be authorized by law; the contents shall be clear, practical and consistent with final-considered measure. 9. Conduct public consultation on the draft notification: This step ensures that the draft
in the name of mutual fund as follows: 1. Provide clear guidelines for exercising of voting rights for the best interests of the mutual fund; 2. Exercise voting rights at shareholders' meetings in
in the name of mutual fund as follows: 1. Provide clear guidelines for exercising of voting rights for the best interests of the mutual fund; 2. Exercise voting rights at shareholders' meetings in
sufficient information for investors to make an informed investment decision. Existing shareholders affected by dilution – the company must disclose clear and sufficient information in the notice calling
values using a fair price. The value per investment unit shall be rounded up to a minimum of 10 decimal digits according to international standards. (2.3) Increase or reduce the number of investment units
provisions, conditions, and procedures to protect the investors or to ensure the clarity and uniformity in operating standards in the following matters : 1) The sale, redemption, an increase or reduction of