acts as the oversight body, is overseen by an independent body. Such an auditor oversight body must operate in the public interest, and have an appropriate membership, an adequate charter of
overseen by experts, all aimed at creating an illusion of trustworthiness. In addition, the SEC continues to prevent investment scams in various manners, as follows: (1) Posting on the
or insurance business. This collects assets and manages them on behalf of beneficiaries or clients; its obligation is to preserve and enhance value on their behalf. It is usually overseen by some form
insurance are combined, at least under a common holding company. There is little guidance on how such financial conglomerates should be overseen or regulated beyond general requirements to separate certain
unitary board is overseen by an internal auditor’s body, the principles applicable to the board are also, mutatis mutandis, applicable. As the definition of the term “key executive” may vary among
standards should be overseen by bodies independent of the pro- fession. Recommendations: Asian Roundtable economies should work towards convergence with high quality internationally recognised standards and
has been overseen by Credit Risk Management Sub-committee and Credit Process Management Sub-committee to ensure efficiency and effectiveness in all relevant processes, thus allowing KBank to deliver a
voting rights 1. PTT Global Chemical Public Company Limited* 340,565,223 22.73 2. PTT Public Company Limited* 338,266,861 22.58 3. Thaioil Power Co., Ltd.* 311,425,457 20.79 4. Thai Oil Public Company
Subsidiary Seller : Thai Oil percent of the total issued shares of the Company, with both a direct shareholding and an indirect shareholding through Thaioil Power Company Limited (“TP”). Furthermore, Thai Oil
% construction progress) • Energy Recovery Unit (ERU) project: the company jointly operate the project with Thaioil Company Limited by investing in Energy Recovery Unit (ERU) electricity plant, which is a part of