( February 9, 2016, 06:18 GMT | Insight) -- Thailand’s Tisco Securities is expecting CP All to have problems divesting its 98-percent stake in Makro, because the CP All board faces repercussions for failing to penalize three of its directors for insider trading, The Nation reports. Thailand’s Tisco Securities is expecting CP All to have problems divesting its 98-percent stake in Makro, because the CP All board faces repercussions for failing to penalize three of its directors for insider trading, The Nation reports. The president of the Thai Institute of Directors, Bandid Nijathaworn, said the board’s disappointing decision proved how challenging it still is to enforce good governance among major Thai companies. He recommended the use of legal amendments and penalties, such as disqualifying directors of listed companies for misconduct and reporting their wrongdoings in company annual reports....
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