companies, both financial and non- financial. To the extent they are deemed applicable, they might also be a useful tool to improve corporate governance in companies whose shares are not publicly traded
shareholder). Many of these transactions facilitate normal day-to-day business of the business group and might be economically efficient. Examples of such transactions are sale or purchase of goods, and
performance that was 818.2 billion bath in net loss in the period from 1998 to 2000 to over 1 trillion baht in total net profit from 2001 to 2004. Thailand’s capital market has clearly regained strength and is
resolution thereby ensuring greater strength and stability of the Thai capital market in the long run. SCE_Eng_p.1-16 10/29/04, 1:05 AM7 8 BOARD OF THE SEC Mr. Suchart Jaovisidha Minister of Finance Chairman
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
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
March 12,2020 Subject: Notification of the disposal of shares in the Biogas Power Plant Business of Akkrawat Crop Rotation Energy Company Limited (Revised No.2) Attention: President Stock Exchange 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
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