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of the internal audit function has to be reviewed for independence and approved by the audit committee. (5) Review, select, and recommend to the board for nomination and shareholder approval an
transparency and accountability of the board of directors to build investor confidence. Such confidence is essential to raising capital and being a public listed company. Confidence is indeed important; it is
transparency and accountability of the board of directors to build investor confidence. Such confidence is essential to raising capital and being a public listed company. Confidence is indeed important; it is
Ministry of Finance Re: Prescription of Conditions for Securities Company to Apply for Approval of Person to be Major Shareholder (as amended) Clause 1 In this Notification: "securities company" 1
take part in determining directions and significant operations of the activities. Some of significant rights of the shareholders are: Rights before a decision to invest Rights as a shareholder SEC
Commerce. This topic measures the strength of minority shareholder protection against directors' misuse of corporate assets for their personal gain as well as shareholder rights, governance safeguards and
Commerce. This topic measures the strength of minority shareholder protection against directors' misuse of corporate assets for their personal gain as well as shareholder rights, governance safeguards and
the requirements [3] . Period of time required in observing + considering the application - - 15 days for the consideration. Fast track : Observation = 10 days if the terms and conditions are in line
with the offering price lower than 90 percent of the market price, to a specific investor or group of investors whether in private or public. Calculations of the offering price Shares