depository, as the case may be; (2) the power to direct or control acquisition, sale, or creation of encumbrances on shares; “assets received from or possessed for a member” means (1) assets that a securities
completing the selling share process, Akkrawat’s power plant business will no longer be a subsidiary of the Company. However, the mentioned transaction is considered as an acquisition and disposal of assets of
undertaking as well as to protect investors? best interest.?The four key areas are:?1. Provisions on Stock Exchange: The proposed revisions include (1) granting the power to approve the rules on securities
not an explicit board power, and in turn some board members may see the interest of the company and the controlling shareholder as being largely the same thing. findings of the detailed Country
exchange, over-the counter center, and organizations related to securities businesses ■ Acquisition of securities for business take-overs ■ Prevention of unfair securities trading practices. The Office of
power to appoint an audit committee, ad hoc sub-committees to perform specific assignments, and sub-committees to consider and give advice on the issuance of rules and regulations. The Board also has the
Reform Priorities in Asia: Taking Corporate Governance to a Higher Level Taking Corporate Governance to a Higher Level reform priorities in Asia 2011 REFORM PRIORITIES IN ASIA: TAKING CORPORATE GOVERNANCE TO A HIGHER LEVEL 2011 This work is published on the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of the Organisation or of the governments of its member countries. This document and any m...
, the acquisition of securities for business takeovers, and the prevention of unfair securities trading practices. Mission and Objectives The SEC sets out its mission to “Develop and Supervise the Thai
appointed within 60 days. Members of the Board who retire upon the expiration of the term of office may be re-appointed for another term. The SEC Board has the power to appoint the Audit Committee, ad hoc sub
possible limit of individual freedom, regulation is essential to uphold market credibility and orderliness. Yet, the regulator’s exercising of power must be prudent, fair and only as necessary to protect the