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Annual Report 2014

192

Kesara

Manchusree

Chairman

Pakorn

Peetathawatchai

Member

Supakit

Jirapraditkul

Member

Udomwara Dechsongjarus

Member

Board of Directors

Registered capital and

organizational management

Thai NVDR has a total registered capital of

THB 10 million, with the SET holding 99.99% of total

registered capital.

Operations

TCH’s most important role is to be the center of

clearing and settling financial products in the Thai

capital market by being the central counterparty and

guaranteeing the clearing and settlement of every

transaction made on the markets mentioned above,

thus reducing risks, building confidence among all

market participants that the clearing and settlement

system will operate as planned, and promote Thai

capital market development in the long-term.

Thai NVDR is responsible for executing

the purchase or sale of those listed company

shares whose investors wish to trade

through NVDRs. This service is offered to all,

irrespective of the number of securities held

or the holder’s nationality. NVDR holders

receive the same full financial benefits as

they would receive had they invested

directly in shares (i.e. dividends, rights,

and warrants) but there are no voting rights

for NVDR holders.

Thai NVDR Co., Ltd.