, resulting in robust economic outlook. Transactions in both primary and secondary markets in 2003 were very active. Total value of shares offerings was 132,248 million baht, 20,832 million baht of which were
very well as 50 new companies got listed on the SET and MAI over the year. Listed companies’ net profit registered 454.1 billion baht with the market capitalization as high as 4.52 trillion baht
oriented growth companies and to balance any increase in leveraging. The updated G20/OECD Principles of Corporate Governance (the Principles) therefore provide a very timely and tangible contribution to the
. Minority shareholders have limited influence on actual board selection and high barriers to call a GMS, influence the meeting agenda, or bring legal action against the company or a director under the law
uncertainty and external challenges led by record-high oil prices, fluctuation of foreign capital flows at rapid speed and in high volume, and US subprime mortgage crisis. Yet, the Thai capital market succeeded
progress and remaining challenges, and formulated common policy objectives and a practical reform agenda. Awareness of the OECD Principles of Corporate Governance is now high in the region. In fact, all
, the Master Plan stresses the promotion of the supply of high quality products. A key initiative in this area, deriving from the government’s privatization policy, has been the promotion of initial
borrowing and lending, and joint venture management. As a result, any intermediary wishing to operate only brokerage business, for example, would have to meet the high minimum paid-up capital rule despite its
year-high level of 785.38 points on May 9. After that, however, rising oil prices and interest rates hikes caused the global stock market to decline; the SET Index plunged by more than 100 points within
meetings and conducting public hearings. (In 2012, the SEC held 22 public consultations via its website.) In case of a high impact regulation, a large-scale seminar may be necessary. Moreover, the proposed