. [ Message from the Chairman ]5 . . . . . . . . The role played by the capital market in helping to raise fund for businesses is likely to gain momentum as one of the main drivers of the economy. However, in
additional clarity to others. While some of the Principles may be more appropriate for larger than for smaller companies, it is suggested that policymakers may wish to raise awareness of good corporate
to others. these rights protect shareholders from dilution of value and control when new shares are issued. Shareholder agreement: An agreement between shareholders on the administration of the company
bonds or debentures issued by international financial institutions and organizations already approved by the Ministry of Finance to raise funds in Thailand. In this connection, issuers must disclose
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
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
is to determine in what situations categorical rules (i.e. norms that apply uniformly, without permitting many exceptions based on “relevant facts and circum- stances”) more effectively protect
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
quality of IPO companies and listed companies ● Raise the quality of IPO companies by strengthening internal control standards and accounting practices, especially in small companies ● Prevent and intervene
continual progress in elevating standards of corporate governance and codes of conduct of both market participants and supervisory agencies to raise confidence in, and recognition of, the Thai capital market