classified as a sizable related party transaction where major shareholder of CYBER-APU is the same person. The proposal is therefore subject to the approval of shareholders? meeting. The CYBER Board of
Bangkok, August 25, 2015 ? The SEC urges shareholders of United Power of Asia Plc. (UPA) to exercise voting rights, at the upcoming extraordinary shareholders? meeting on August 28, 2015, on the company proposal to decrease the purchase of shares of Andaman Power and Utility Co., Ltd. (APU) from 100%, worth 340 million baht, to not more than 75% where the payment shall be in proportion to the shares purchased. The proposal to decrease the APU shares purchase was a result of UPA (formerly name Cy...
the shareholders? meeting to enter into related party transaction with Ua Withya Plc (UWC) to purchase shares of Imperial Land Company Limited (IMP) and the claim over outstanding loan and accrued
Bangkok, April 18, 2014 ? The SEC urged shareholders of GOLD and UV to carefully study information on valuation of GOLD?s assets in a proposed related party transaction at the upcoming shareholders
* and Form 56*. These rules have caused an unreasonable burden on these companies. SEC therefore plans to improve these rules to facilitate holding companies, which engage in various types of business
As part of continuing efforts to support market confidence and business integrity, the OECD has launched in Asia a new set of corporate governance principles that were endorsed at the G20 Finance Ministers meeting in September 2015. The G20/OECD Principles of Corporate Governance provide recommendations for national policymakers on key corporate governance issues, such as shareholder rights, executive remuneration, financial disclosure, the behaviour of institutional investors, boardroom practic...
includes inspection of audit firms’ quality control systems, which has been running since 2010. According to the Activities Report 2021, audit firms in the capital market have continued to improve their
The SEC Strategic Plan 2024–2026 prioritizes the strengthening of Thai capital market trust and highlighting the critical significance of investor confidence in cultivating a robust capital market that serves as a channel for fundraising of businesses and investment for investors. Ultimately, the goal is to achieve sustainable development, reduce inequalities. Recognizing the importance of complete, transparent, and timely IPO information for investors’ informed decision-making, the SEC aims to...
are not applicable to – certain types of transactions. For example, giving financial assistance to a third party which is not considered a transaction in the normal course of business of listed