Shareholder Structure

GC is a Public Company Limited, which is the listed company in Stock Exchange of Thailand or SET. To promote GC Good Corporate Governance practice, GC strictly conducts the business in accordance to rules and regulations issued by SET and the Securities and Exchange Commission (SEC). One of SET and SEC rules and regulations has required companies to publicly disclosed shareholder structure, as shown in below table.

The top 10 shareholders of Global Chemical

(as of 1 March 2021)

Top 10 Shareholders # of Shares %Holding
1. PTT Public Company Limited 2,037,220,915 45.18
2. Thai NVDR Company Limited 372,225,485 8.26
3. Siam Management Holding Company Limited 135,240,000 3
4. SOUTH EAST ASIA UK (TYPE C) NOMINEES LIMITED 91,355,169 2.03
5. HMC Polymers Company Limited 83,427,636 1.85
6. STATE STREET EUROPE LIMITED 68,385,788 1.52
7. THE BANK OF NEW YORK MELLON 63,238,240 1.4
8. NORTRUST NOMINEES LIMITED-NT0 SEC LENDING THAILAND CL AC 62,621,459 1.39
9. Bangkok Synthetics Company Limited 43,420,625 0.96
10. Social Security Office 41,959,351 0.93

Note:

https://www.set.or.th/set/companyholder.do?symbol=PTT&ssoPageId=6&language=th&country=TH
  1. Ministry of Finance is a major shareholder of PTT Plc.
  2. GC holds 41.44 percent of HMC Polymers Company Limited.

Voting Rights

GC weights importance of equitable actions for shareholders. The Board of Directors develop one share one vote policy, designating that GC does not offer golden share or dual class share to any shareholders or under any circumstances. Referring to non-voting depository receipt (NVDR), NVDR holders cannot be involved in company decision-making, therefore, the holders cannot grant voting rights.

Definition of NVDR
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Shareholder Rights

GC has recognized the significant of the right of shareholders principles, which can be found in page 31 of Corporate Governance & Business Code of Conduct Handbook. The overall shareholder principle would consist of

  • Information Disclosure is crucial for the shareholders. Therefore, all information that is required to disclose by laws or any other necessary information for shareholders on the business operation information would be communicated in a clear and comprehensive manners through company website or stock market exchange platform.
  • The annual shareholders meeting must be held annually. For 2021, annual shareholders meeting was held on 5 April 2021 with appropriate facilitation available for all shareholders for pre-, during- and post- meeting.

Annual shareholders meetings Report 2021

Annual shareholders meetings Report 2021

Detail of shareholder rights in Annual Report 2020 on Page 190

Shareholder Rights Chapter