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November 7, 2020
623
Bank “Krung Thai” informed the Stock Exchange of its opinion The State Council considers that Krung Thai Bank does not have “State Companies” according to the Budgeting Method Law of 2018, which affects the board of directors – executives Including more than ten thousand employees
November 6th Krung Thai Bank Public Company Limited or KTB has filed a notice with the Thai Stock Exchange. “Report the opinion of the State Council Office on the situation of Krung Thai Bank Public Company Limited” With the following content
Krung Thai Bank Public Company Limited (“Bank”) Note that In 3 November 2563 The bank received a letter from the Financial Institutions Development Fund. What notifies the bank Know what The State Council Office has a letter in response to the fund’s inquiry Who requested an opinion from the State Council Office on the status of the Fund And Krung Thai Bank Limited. (Public)
By the Office of the State Council notified the result of the examination Krung Thai Bank Public Company Limited is not a company or a joint stock company that is a state-owned company.according (2) Y (3) From the definition of “state enterprise” In the section 4 Of the Budgetary Method Law Piss.Prof.2561
Changing the status of the Bank in the above opinion may affect the Bank’s business operations. And to comply with the laws and regulations related to many state companies. The Bank is considering the impact in different areas. Any If it’s clear The bank will notify the Thai Stock Exchange Thailand will find out in the future.
but nevertheless The Bank has studied the opinion of the Council of State. About the topicDirector and senior management qualificationsFrom the bank until the conclusion that By the results of the opinion of the Council of State Together with the entry into force of the Law of Development, Supervision and Administration of State Enterprises Piss.Prof. 2562 Resulting inChief Executive Officer As well as bank employees Not subject to the standard qualifications of directors and employees of state-owned companies. Piss.Prof. 2518
For other legal impacts, the Bank will also inform you at the next opportunity.
Origin: The Stock Exchange of Thailand
