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.