GSC had applied the proceeds from the offer of sale of ordinary shares to the public (IPO) and its revolving capital in a loan to ACAP, its major shareholder (64%) for a short term at the interest rate of 2% per annum as follows: 1. A loan by the disbursement of advance payments in the amount of THB 80 million, whereby GSC has received the principal repayment and will collect payment of interest, and 2. investing in five short-term promissory notes (P/N) of ACAP, for a term of 60 days, or on de...
EIC plans to seek approval of the shareholders at the Extraordinary General Meeting of Shareholders on Tuesday, 9 July 2019, for Food Holding Co., Ltd., its subsidiary, to acquire 100% of the ordinary shares of Eastern Cuisine, which operates eight Shabu restaurants branded “KAGONOYA”, at the price of THB 40.54 per share, amounting to THB 300 million, whereby one of the sellers of the shares to Food Holding Co., Ltd. is a spouse of a director and an executive of EIC.The independent finan...
GSTEL will propose to the shareholders’ meeting on 29 May 2019 to ratify the entering into a financial assistance agreement with Mahachai Steel Center Co., Ltd. and Mr. Nirum Ngamchamnanrith, collectively referred to as the “Mahachai Group”, as the sponsor and lender whereby GSTEL had entered into the agreement on 17 February 2014. According to the opinion of the independent financial advisor (IFA), the shareholders should not ratify this transaction because the agreement contains a co...
methodology remains unchanged.? Vorapol Socatiyanurak, SEC Secretary-General said that ?The SEC has supported listed companies in elevating their corporate governance in line with international standards. AGMs
of Thailand Information Security Association Committee who shared with the participants to raise awareness on technology risk for their proper preparation.The SEC has promoted the importance of three
, especially non-majority shareholders, increased board professionalism and promoted high levels of corporate transparency. However the framework could be further improved with the adoption of the following key
, especially non-majority shareholders, increased board professionalism and promoted? high levels of corporate transparency. However the framework could be further improved with the adoption of the following key
agency to have become an official supporter of the TCFD since 30 December 2020, the SEC has encouraged listed companies to adopt the TCFD Recommendations and promoted the incorporation of climate
in continually placing their savings in the system for post retirement.The SEC has continually supported companies to set up provident funds for their employees in form of employee?s choice and
financial and investment education other than offering investment products, reflecting their contributions to society. The initiative encouraged businesses in the capital market to collaborate on designing