enterprises (SOEs), which include some of the largest listed companies. Thailand is also notable for a number of initiatives to improve corporate governance that go beyond legal or regulatory requirements
be developed. Moreover, the Company still faces problems and obstacles in finding funding sources, so the dissolution of this subsidiary will enhance to manage and reduce the cost. To summarize for the
Government Gazette on May 22, 2019 and effective May 23, 2019 onward. No. 3 – Revision has been made to remove restrictions and obstacles to law enforcement, to be in line with international standards; while
insti- tutional investors Recommendations: Legislators and regulators should promote effective shareholder engagement by reducing obstacles for shareholders to vote in shareholder meetings. In
. Increasing household debts and loan rejection rate of financial institutions are the major obstacles. In the past, the strategy of the Company emphasizes the development of large-scale projects focusing mainly
inspection results showed “no findings” accounting for 15 percent of the total approved auditors, a notable rise from 6 percent in 2015. In addition, the number of auditors having significant deficiencies in
E_1 Legal_FA_2015_12_29-c A WWCCoorrppLL44..11hhiigg A Executive Summary 1 Management Discussion and Analysis For the Year Ended December 31, 2017 In 2017, Thai economic growth gained traction, buoyed by strong recoveries in tourism and exports. This growth momentum is expected to carry on into 2018, especially amid a brighter outlook in public and private investment. Nonetheless, the business sector remained challenged by new modes of competition in a broader marketplace amid the advancing digi...
million baht was attributed to IPOs of 51 companies, compared to 27 companies in 2003. Thai Oil PLC was the largest offering with a total value of 29,116 million baht. Other notable IPO companies were the
CLMV countries, held in Cambodia. In 2017, we attended the notable conferences and seminars as follows: 10 Activities relevant to the improvement of financial reporting Financial Statements Surveillance
barriers as a result of certain excessive requirements, and to adjust regulations in line with the context of the current audit profession. Collaborating with the TFAC in helping audit firms outside the