China Joint-Stock Company Shareholders are either capital contributors or investors of a joint-stock company. Shareholders have the right to attend the shareholders' general meeting and have voting rights. Equally, Shareholders are entitled to inspect the articles of association, shareholders' register, corporate bond receipts, minutes of general meetings of shareholders, minutes of meetings of the board of…
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The Thai Civil and Commercial Code Amendment Act (“Act”) brings substantial corporate governance changes. It alters the requirements on corporate governance and the constitution of private companies. The corporate governance changes is effective from February 16, 2023. The main changes are as follows: Minimum number of shareholders The minimum number of persons to establish a private…
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A major challenge for foreign investors is corporate governance best practices to generate profitable business. Whilst there are significant improvements in the business environment, including regulatory reforms to streamline administrative procedures, investors face many challenges. Specifically, establishing corporate governance best practices to ensure their Chinese subsidiary is operating legally. Usually, the geographic and cultural distances…
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