Building Confidence in the Capital Market No. 37/2018 SEC extends deadline for EARTH to clarify the existence and the fair value of mining property rights Bangkok, 12 April 2018 – The SEC has granted
Building Confidence in the Capital Market No. 22/2018 SEC instructs EARTH to clarify the existence and the fair value of mining property rights Bangkok, 16 March 2018 – The SEC has instructed Energy
. Provide information about the existence or possible creation of other securities and other indebtedness with seniority to the debt securities. If the rights of the debt securities holders will be
disclose if anything would impede the ability of these individuals to perform their required business activities for the issuer. For example, this could include whether any of the issuer’s directors also
rights. In order to avoid over-regulation, unenforceable laws, and unintended consequences that may impede or distort business dynamics, policy measures should be designed with a view to their overall
security holders to any payments on the debt securities. - 15 - 2. Provide information about the existence or possible creation of other securities and other indebtedness with seniority to the debt
or person who may have conflicts of interest that may impede the exercise of independent judgment, and any relationship that causes the inability to freely give comments on the operation of the
or person who may have conflicts of interest that may impede the exercise of independent judgment, and any relationship that causes the inability to freely give comments on the operation of the
Impact Asymmetry (con’t) • Empirical evidence on the role of market conditions – Chiyachantana, Jain, Jiang and Wood (CJJW), 2004; Keim, 2003; Wagner and Edwards, 1993 argue that because of the existence
duties and liabilities on “shadow” board members as a way to discourage their existence. Sanctions for violations of directors‟ duties should be sufficiently severe and likely to deter wrongdoing