Examples of Material Transaction in a sentence
The PWI should maintain a’ Material Transaction Register’ which should show details of all materials received from BHEL and used for the maintenance of the track.
The transaction is considered as a Connected Transaction as an asset transaction type, according to the Notification of the Capital Market Supervisory Board No. Tor Chor 20/2551 Re: Rules on Entering into Material Transaction Deemed as Acquisition or Disposal of Assets and the Notification of the Board of Governors of the Stock Exchange of Thailand Re: Disclosure of Information and Other Acts of Listed Companies Concerning the Acquisition and Disposition of Assets, 2004 (“Rules on Connected Transaction”).
The Board of Directors and Board of Commissioners of the Company state that the Transaction is a Material Transaction that does not require the approval of a GMS for its implementation as referred to in the Regulation.