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dcsw53

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Posts posted by dcsw53

  1. 28 minutes ago, Srikcir said:

    The top institutional shareholders only have a little more than 3% of the outstanding stock.

    https://markets.ft.com/data/equities/tearsheet/profile?s=ITD:SET

    Premchai is Managing Director and President.

    https://en.wikipedia.org/wiki/Italian-Thai_Development

    Of the top 10 shareholders Premchai holds the most shares at about (to nearest whole share)15%, followed by Mrs. Nijaporn Charanachitta @ 7%; Mr. Wichai Wachirapong @ 4%; Thai NVDR Co., Ltd. @ 3%; Mr. Jesad Lertanuntanya @ 3%; and remaining five holding collectively 6%.

    http://market.sec.or.th/public/idisc/en/CompanyProfile/Listed/ITD

    Thai NVDR Co., Ltd. is basically a stock brokerage holding Thai stock by its customers.

    https://www.bloomberg.com/research/stocks/private/snapshot.asp?privcapId=31133736

    Expect NVRD's individual holdings in IT to be very fragmented and essentially meaningless in IT shareholder voting.

     

    So in sum, a scenario by which Pramchai is suspended through shareholder action must develop more than 15% "shareholder votes" is possible - combined 14% sh votes by Charanachitta,  Wachirapong and Lertanuntanya plus 2% from any two of the remaining top 10 shareholders.  

    Pranchai might also be suspended by majority vote of the 10-member Board of Directors (that includes Pramchai) http://www.itd.co.th/about-directors.php But such depends on the articles of registration and shareholder agreement.

    Thanks for the concise summary, well done.

    I will expect it to happen shortly after I see that pig flying past my window....

    • Like 1
  2. 1 hour ago, webfact said:

    the junta strongman later said the authorities were doing everything to bring the pair to face justice in Thailand

    You can see from their faces they are quaking in their boots.

    Interesting, I just got my new Chinese visa, I wonder what answer they gave to question 3.3 - have you a criminal record ? Any conviction with a jail sentence over 6 months will result in visa being denied.  :whistling:

  3. One key piece of information missing is what passport she used to enter the UK. If she has multiple passports like Thaksin , she can do a visa run every 90 days to places like Montenegro ( wouldn't that be ironic !! ) and then not even have the need to apply for asylum.

     

    As no extradition treaty exists to cover her crime it well suits this and future governments not to rush to change things. Her returning without a pardon will be kicking the hornet's nest big time.

  4. The discovery was made on CSI LA, a popular Facebook page that crowd-sources amateur investigations, even as the general continues to stay mum about how he acquired his multi-million baht collection of timepieces

     

    Maybe his billionaire American mother-in-law left them to him ? If so I think he should sell one, buy an elephant or two and make merit.

  5. Clearly he has never been to Jomtien. On the land side of beach road there are shops and bars. On the beach itself there is permanent volleyball and often beach football. Where does he proposed these new zones to be ?

    Could it be that the lifeless beaches are due to the fact that the farangs prefer to sit around their hotel pools because there is no litter, smells from the waste bins and you can swim in clean water ?

  6. I have a bone to pick with Thai visa.

     

    The introductory headline for the Pattaya forum on thai visa is " Pattaya News Forum for Pattaya related news and current happenings in the infamous city ".

     

    The corresponding one for Phuket mentions the island, and Chiang Mai the city. So why is Pattaya branded as infamous ? To stop the deluge of respondents further denegrating the place, I will be the first to admit that there are problems here, as there are in ANY city. But if you come here, avoid getting blind drunk, insulting others and act responsibly, you can have a great time.

     

    Thailand thrives on bad news, and there is a fair bit of it to report, from dirty beaches to traffic jams and the ever present corruption. If it is as bad as the forums like to make out then why do several million foreigners carry on living in this hell hole ? My answer is that it is not as bad as the media likes to paint it.

     

    Come on Thai Visa, look in the mirror and let the occasional good news story break the endless tales of doom and gloom. You could start by re-branding us as a "coastal" not "infamous" city, or that a step too far ?

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