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Rules to Clarify Definitions, Toughen Enforcement at Thailand Stock Exchange.

Bangkok Post (Bangkok, Thailand)

| May 07, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

May 7--Regulations regarding connected transactions will be revised as part of initiatives to bolster corporate governance among listed companies.

Officials of the Stock Exchange of Thailand and Securities and Exchange Commission yesterday held a hearing on the issue with listed companies, advisory firms and asset management companies.

A summary of the findings is expected to be released by mid-May, with a regulatory revision approved by the SET and SEC by the end of the year.

Waratchya Srimachand, director of the SEC's corporate finance department, said four areas would be revised under the changes: the ...

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