* and Form 56*. These rules have caused an unreasonable burden on these companies. SEC therefore plans to improve these rules to facilitate holding companies, which engage in various types of business
As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015. The G20/OECD Principles of Corporate Governance provide recommendations for national policymakers on key corporate governance issues, such as shareholder rights, executive remuneration, financial disclosure, the behaviour of institutional investors, boardroom practic...
includes inspection of audit firms’ quality control systems, which has been running since 2010. According to the Activities Report 2021, audit firms in the capital market have continued to improve their
The SEC Strategic Plan 2024–2026 prioritizes the strengthening of Thai capital market trust and highlighting the critical significance of investor confidence in cultivating a robust capital market that serves as a channel for fundraising of businesses and investment for investors. Ultimately, the goal is to achieve sustainable development, reduce inequalities. Recognizing the importance of complete, transparent, and timely IPO information for investors’ informed decision-making, the SEC aims to...
November 11, 2014 Charin, then PAP independent director, arranged a sale of 147,000 PAP shares in which he had a stake held in the trading account of another person. In so doing, he took advantage of the non
reports on audit quality control systems for audit firms to reflect and improve on their audit quality. Meanwhile, stakeholders in the financial reporting ecosystem, especially the audit committee
Annual General Shareholders? Meeting on 2 May 2017, Wichai, as Chairman of the Board of Directors and both meetings, arranged for the election by means of cumulative voting* despite knowing that such
. Earlier, he had arranged for ZMICO to invest in shares of a listed company at the price not exceeding 20 baht per share which was very much higher than the market price at that time. He subsequently
problems, and the company’s board of directors should take it into consideration. This is to ensure that an extraordinary shareholders meeting will be arranged without delay
legal enforcement can be arranged. Replacement mechanisms must be clearly disclosed in the filing and drafted prospectus. The regulations will go into effect from 1 May 2020 onward