Annual Report 2017

189 Thai NVDR Co., Ltd. Thai NVDR Co., Ltd. (Thai NVDR) was established on October 4, 2000, with a registered capital of THB 10 million. The Stock Exchange of Thailand (SET) is the major shareholder, holding 99.99 percent of the total shares. Thai NVDR is responsible for issuing and sellingNon-VotingDepository Receipts (NVDRs) to investors. Nature of business 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. Registered capital andorganizationalmanagement Thai NVDR has a total registered capital of THB 10 million, with the SET holding 100 percent of total registered capital. Board of Directors 1. Kesara Manchusree Chairman 2. Pakorn Peetathawatchai Member 3. Pataravasee Suvarnsorn Member 4. Santi Kiranand Member