Corporate Governance

Corporate governance in “TONTON” LLC assumes the whole governance and is performed by the Company’s stake holders’ general meeting through the executive body. General meeting is the supreme body in Company governance, and is entitled to make final decisions in any issue concerning the Company and its governance as a whole. General meeting is called by the CEO once a year not earlier than two month ahead of financial year end and not later than six months after the financial yearend.

The basic principles of the assesment of the executive body

The functions of the executive body are performed by the CEO. The work of the CEO is assessed by the General meeting according to the investment legislation in Armenia, Company’s strategy, Charter and internal rules.
General meeting controls and assesses the work done by the CEO through reports and statements of accounting department, internal audit and control department and also on the bases of external audit opinion.
The work of the executive body includes execution of the decisions made by the General meeting, decision making for risk management purposes, control of the efficiency of current and financial activities and management of the staff.

Updated 11:10 28/09/09

[ top ]

Laws and Regulations

Here you can find some laws and regulations related to securities and foreign exchange markets.

read more >>

Financial Data

Here you can get acquainted with our financial statements and independent auditor's report.

read more >>

News

news 2

19.07.17
read more >>

news

12.07.17
read more >>

19.05.17
read more >>

02.09.09

Today "TONTON" LLC has redeemed its 5000 bonds, which had 50,000 AMD nominal value, 11% annual yield and 12 months maturity.

read more >>

The first coupon payment of "TONTON" LLC bonds

02.03.09

Today "TONTON" LLC has made the first coupon payment of its bonds with 50,000 AMD nominal value, 11% annual yield, 12 months maturity.

read more >>