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Annual Report 2014

194

Kesara

Manchusree

Chairman

Dr. Pakorn Peetathawatchai

Member

Supakit

Jirapraditkul

Member

Udomwara Dechsongjarus Member

Board of Directors

Registered capital and

organizational management

The Siam DR Co. Ltd. has a registered capital of

THB 10 million, with the SET holding 100% of all

registered capital.

Operations

The Siam DR Co. Ltd. is responsible for issuing and

selling DRs to investors under Securities and Exchange

Commission (SEC) regulations as well as buying the

underlying securities of listed companies or any other

securities that are approved by the SEC. DR holders

will receive the same financial benefits as received by

the holders of the underlying securities, including full

financial and / or voting rights. However, only Thai

DR holders have the right to instruct the SIAM DR CO. LTD.

on how to vote in the shareholders’ meetings of listed

companies.

The Siam DR Co., Ltd. was established

on October 6, 2003 by The Stock Exchange

of Thailand (SET) to increase liquidity in

the Thai stock market by issuing and selling

depository receipts (DR) to investors.

Siam DR Co., Ltd.