Author: thailandnewsgazette.com

SET Manager explains the case of an article referring to SET, stating that its organizational structure and operations are comparable to leading stock exchanges abroad and are in accordance with the Securities Act. The SEC supervises Confirmed to see work abroad, not flying first class

Mr. Phakorn Peetathawatchai, Director and Manager of the Stock Exchange of Thailand (SET), clarified the facts in the case of an article alluding to the work of the Stock Exchange, stating that according to the author of the article published through the media late last week. Alluding to the workings of the Stock Exchange. including the board of directors and executives of the Stock Exchange with incorrect facts which even though the Stock Exchange You will get to understand the writers and editors of the said media. Until the author of the article has agreed to make corrections. However The article still has deviations from the facts. Therefore, I would like to clarify the facts as follows:

1) Organizational structure and operations of the Stock Exchange Comparable to leading stock exchanges abroad and various operations are in accordance with the scope of authority and duties as specified in Securities and Exchange Act and is under the supervision of the SEC Office. Its duty is to supervise and inspect securities trading to be efficient and fair. It is considered one of the important missions of the Stock Exchange. which has been continuously developed To keep up with the situation

2) Structure of the Stock Exchange of Thailand's board of directors as specified in Securities and Exchange Act It consists of representatives from stakeholders in various sectors of the capital market. They will perform their duties in the form of Public Independent Directors (PID) appointed by the Securities and Exchange Commission (SEC). One is a representative who is elected by a meeting of the members of the Stock Exchange. In addition, with the structure of the Stock Exchange's board of directors and various sub-committees consisting of experts from various fields. Helps drive the diversity of various policies of the Stock Exchange of Thailand. To be efficient and promote corporate governance Including measures to prevent conflicts of interest. which is in accordance with the principles of good corporate governance (Good Corporate Governance)

3) Traveling for study visits It is considered one of the ways to seek knowledge. and exchange experiences with leading organizations abroad Including promoting learning of new developments that are business innovations Both in terms of concepts, working methods and new product creation. The study trip in 2023 is considered the first time in 4 years after the COVID situation has resolved. This time it was a meeting and discussion with both government and private organizations. To enhance knowledge that will be beneficial to the development of the Thai capital market to grow and be able to compete internationally. The said trip is in accordance with the regulations of the Stock Exchange. clearly defined (No first class travel) and has appropriate budget management. It has also been examined by the Audit Subcommittee. Just like any other organization in general.

4) As for the accusations against the Stock Exchange of Thailand that there were serious laxities in the case of securities of a listed company, This is because the duty of the Stock Exchange is to monitor and supervise listed companies to disclose important information. To provide investors with sufficient information to make investment decisions. Stock Exchange Therefore, they are not at the source of information disclosed by listed companies. In the capital market, there are many other related parties who come together to perform their duties in monitoring and inspecting listed companies. Whether it is an independent auditor Securities Analysts Association Thai Investors Association Including agencies with various regulatory powers. In addition, when such cases occur Stock Exchange We have rushed to work closely with the SEC Office to jointly solve problems.

“The Stock Exchange would like to confirm that the work of the board of directors, executives and employees of the Stock Exchange It is in accordance with the principles of corporate governance. Be transparent and can be checked By the work of the Stock Exchange The objective is to develop the Thai capital market to benefit all sectors,” Mr. Phakorn said. – Thai News Agency

Source: Thai News Agency

A former village headman of Trang Province planted winter balsam trees in a rubber plantation. The yield was good. The fruit was sold fresh or processed into preserved winter balsam. Generate good income throughout the year.

Mr. Sayan Thongsom, former village headman of Village No. 4, Lamo Subdistrict, Na Yong District, Trang Province, owner of "Ta Yan" orchard, brings the fruit that is the product. Make a good income this year. Came for reporters to see by Uncle Sayan doing mixed farming. Planting intercrops in the rubber plantation, including mangosteen, rambutan, longkong, and champada, were interplanted in the middle of the rubber plantation, totaling hundreds of trees. which can harvest products throughout the year including raising fish and raising bees It is considered an example for farmers.

Uncle Sayan said he was trying to communicate to the villagers that I can't do a rubber plantation alone. Because the price is very low Mixed farming should be done. Especially planting wintergreen An empty area in the middle of a rubber plantation. which does not require any additional investment It appeared that the wintergreen tree It grows very well, the yield is plentiful, and each shoot produces wintergreen weighing about 6-10 kilograms and can be sold all year round. The price is 20 baht per kilogram. There are merchants from Songkhla. Come and contact us to buy in bulk every week. It is processed into crystallized wintergreen. A recipe that Uncle's family came up with on their own. It has a sweet, fragrant, delicious taste and there are continuous orders. Especially during the dry season, there is not enough production to sell. until customers compete to buy .-Thai News Agency

Source: Thai News Agency

Big Joke" confirms that the CCTV server from the Ban Kamnan Nok party has been recovered. The images are 100 percent clear. It should be revealed in the next 2-3 days.

Police General Surachet Hakphan, Deputy Commissioner of the Royal Thai Police, confirmed that the CCTV server has now been recovered. 100% clarity. Please allow 2-3 days for the details to be revealed. As for the people who are currently in the situation It was found that there were 36 people in total, 26 police officers (including Inspector Bank) and 10 civilians.

As for the police at the party, they were divided into three groups: the police who did nothing; There was an incident and they fled. The second group was the group that helped destroy evidence and assisted the accused in escaping, and the other group was the group that took the injured to the hospital. After this, additional arrest warrants will definitely be issued. But it is still not possible to determine who it will be. And what is the basis of the offense?

"Big Joke" said that the branches of Kamnan Nok must be cut.

As for people wondering if the person who surrendered was actually Kamnan Nok or not. Police General Surachet confirmed that every suspect must have a DNA test to confirm their identity. Whether it is Village Headman Nok or other people. I believe that no one would dare to be a representative. Because even Village Chief Nok has not received bail yet.

Pol. Gen. Surachet said that from now on he will inspect subordinates in all branches of the Kamnan Nok network. including business operations Various auctions Is it legal or not? Must dismantle everything If it is incorrect, it will be considered an auction scam. which must be prosecuted and assets seized

Source: Thai News Agency

Electricity Generating Public Company Limited or EGCO Group continues to expand its investment in the United States, acquiring a 50% stake in the "Compass Portfolio" of power plants. Total production capacity of 1,304 megawatts has been commercially started. You can recognize increased returns immediately.

LLC), which is a wholly-owned subsidiary of EGCO registered in the United States. Signed a share purchase agreement with a Lotus subsidiary. Infrastructural Partners on September 8, 2023 to acquire a 50% stake in the "Campaise Power Plant Portfolio", a combined cycle power plant portfolio that Three sites use natural gas as fuel and are commercially operating, located in the northeastern region of the United States. Including Marcus Hook Energy LP (Marcus Hook), which owns a 912 megawatt combined cycle power plant outside of Philadelphia. Pennsylvania Milford Power LLC (Milford) owns the 205 megawatt combined cycle power plant and Daiton Power (Daiton) owns the plant. 187 MW of combined cycle and power plants, both located in Massachusetts;

All 3 power plants are located in strategic areas. Close to the centers of major cities with very high electric usage, including Philadelphia, Boston, and Providence. These areas have severe restrictions on the construction of new power plants. and has a policy aimed at transitioning the energy industry to using clean energy. This requires the power to produce electricity that enhances the stability of the system. The "Portfolio Campaz" benefits from the fact that Marcus Hook Power Plant has a long-term contract to sell the majority of its capacity to Long Island Power Authority. Authority – LIPA) and sell the remaining capacity to the PJM Power Trading Market (PJM), while the Milford Power Plant and the Daiton Power Plant sell their production capacity to the New Power Market. England (ISO-NE). All 3 power plants also sell electricity and provide services to strengthen the stability of the electrical system to the electricity trading market in the area where each power plant is located, namely PJM and ISO-NE .

“Investing in the “Campaz Power Plant Portfolio” will create additional growth for EGCO Group, which is in line with the company's strategy of focusing on acquiring shares in quality natural gas power plants. high which can generate returns and profits quickly and help support the goal of transitioning the world's energy industry to clean energy in the future,” Mr. Theparat concluded.

EGCO Group currently operates 3 projects in the United States, with a total equity generating capacity of 737 megawatts. EGCO Group has a total equity generating capacity of 6,317 megawatts (including operating power plants commercial units and projects under construction) with a total renewable energy production capacity of 1,364 megawatts (accounting for 22% of total production capacity), invested in 8 countries: Thailand, Lao PDR, Philippines, Indonesia, Australia, South Korea, Taiwan. and the United States.-Thai News Agency

Source: Thai News Agency

Surachet" is confident that the "electric train - 20 baht common ticket throughout the line" will definitely fail. Suggests speeding up improvements - subsidizing bus users first.

The Kao Klai Party list discussed and noted the 20 baht electric train policy throughout the line, seeing that such policy was the flagship policy of the Pheu Thai Party. There have been campaigns for such policies many times. Including 3 Ministers and Deputy Ministers of Transport and also the Prime Minister. Joining the Minister of Finance responsible for overseeing the budget If the government truly intends to implement such a policy must be included in government policy But it was not included in the policy statement. By specifying only that Investing in roads, rail, rail and air has no clear direction. Contrary to the campaign of the Pheu Thai Party. who campaigned for 20 baht throughout the line by the Pheu Thai Party Confirmed through the party's website that Will accelerate negotiations with various sectors. Let the private sector reduce prices To make the fare for the Bangkok Skytrain 20 baht throughout the line within 3 months, which Mr. Surachet believes that even if the company agrees But the shar eholders did not agree. And I don't believe that The government will be able to negotiate successfully within 3 months.

Mr. Surachet also views that the "20 baht policy along the route" that the Pheu Thai Party intends to do must be 20 baht throughout the route. Because Thailand's electric trains are divided into many colored lines. and can cross the line Including a 20 baht joint ticket or joint fare. that is not yet clear Because what the Pheu Thai Party has proposed is a common fare of 20 baht throughout the line and will also have to rely on the draft Common Ticket Act. that will be a tool for managing money for services At this time, the House of Representatives has not considered anything, so it is certain that the government will definitely not be able to do it within 3 months. And in the past in 2011, the former Minister of Transport from the Pheu Thai Party in the government, Ms. Yingluck Chin. Wat, former Prime Minister Came out to accept that That policy has failed. can't do it Because it will affect private shareholders and lawsuits may occur.

Mr. Surachet still does not support the government implementing the 20 baht electric train policy throughout the line because if the government were to implement it Large subsidies will be required. To support the upper middle class which is much more than the people who use public buses And the government should subsidize bus users first. Because if the government were to subsidize the cost of the electric train The people who will benefit are the people who live in condominiums. Around the train station And there is still the problem of traveling to the BTS station which is still difficult. Even if the government subsidizes a lot of money It did not cause many people to use the service. Because before people arrive at the station It still costs more than using the electric train, so the government should reconsider giving importance to capillaries. More than the major arteries. – Thai News Agency

Source: Thai News Agency