will get all five seats, as s/he will always outvote the minority share- holder by 80:20. cumulative voting would allow the minority shareholder to cast all his/her votes (five times 20 percent) for one
) Disclosure and transparency; The chapter identifies key areas of disclosure, such as the financial and operating results, company objectives, major share ownership, remuneration, related party transactions
share- holders (through what is known as 'tunnelling' 3 ), or misrepresenting an individual company's financial statements (of particular concern where the company is under pressure to meet expectations
) President Non-Executive Director (NED) Remuneration Committee /Compensation Committee Audit Committee Independent Director (ID) Committee Nomination Committee หมวดที่ 1 สิทธิของผู้ถือหุ้น R I G H T S O F S H
all to understand and consider the issue as a priority. Those involved in the capital market must walk together into the right direction, share the same goal and be ready to turn to each other for
further ensure that management of investment money would be for the best interest of investors by introducing an oversight mechanism, either for independent body or person, to undertake the supervisory role
shall appoint a board of directors comprising the chairman of the board, executive directors, and independent directors, who have knowledge of and experience in the capital market or knowledge and
comprises three members from the SEC Board who are not the SEC's management and independent from the SEC's operation. Their terms in office are synchronized with their board members' terms. On January 16
Commission No. OrNor. 7/2547 Re: Arbitral Process (No. 3) dated 13 October 2004. Clause 3. In this Notification: “respondent” means any of the followings: (1) a securities company; (2) a local share selling
: Arbitral Process (No. 3) dated 13 October 2004. Clause 3. In this Notification: “respondent” means any of the followings: (1) a securities company; (2) a local share selling agent; (3) a mutual fund