Annual Report 2017

186 Annual Report 2017 Thailand Securities Depository Co., Ltd. Thailand Securities Depository Co., Ltd. (TSD) is a subsidiary of The Stock Exchange of Thailand. The TSD was established on November 16, 1994 and commenced operations on January 1, 1995, to develop and support post-trade services to reach international standards, including in effectiveness. Operations TSD provides two types of securities post-trade services: • Securities depository services: acts as a central securities depository for stocks and bonds, using a secure and efficient scripless system, provide services for securities deposit, withdrawal, transfer, pledge, and revocation. Investors can conduct the transactions through depository participants, while providing clearing services of bonds in OTC market. • Securities registration services: acts as a registrar for common and preferred stocks, offers service which mainly covers the functions of preparing and maintaining the Register Book that contains correct and complete information, andalso responsible formanaging the foreign holding proportion of the securities traded on the main board and foreign board of the Stock Exchange of Thailand to comply with related rules and regulations. Our service is executed through the cutting edge and efficient computer system that has been developed to have a direct linkage to that of the Securities Depository Center. On the system wise, we also have secured data storage and processing system with the corresponding back ups ready for securing the continuity of our service. Also, our vault and data management systems have been in place to secure the rights of the securities holders and for verification and risk minimizing purposes. Registered capital andorganizationalmanagement TSD has total registered capital of THB 200 million, with the SET holding 100 percent of total registered capital. Board of Directors 1. Kesara Manchusree Chairman 2. Kulpatra Sirodom Member 3. Nongram Wongwanich Member 4. Rinjai Chakornpipat Member 5. Santi Kiranand Member 6. Yupawan Sirichainarumitr Managing Director