that required to keep in a non-network-connected system unless the online execution of transaction is warranted (cold wallet); specifying the qualification of a digital asset custodian; and laying down
public offerings from the home country will be eligible for public offerings in the host country under the HK-TH MRF if the mutual fund complies with the relevant qualification requirements of the home
concerning the amendments to the IPO approval regulations in the part of the issuer’s qualification of non-involvement in any illegal business. The essences of the amendments are as follows: (1) Revising
that such approval shall be valid until 31 December 2013. Clause 3. Provision in Clause 2 shall not be applicable with personnel in the capital market that uses qualification of directorship or executive
compromise business opportunities.The SEC is therefore proposing to amend the IPO regulations by clarifying the issuer’s qualification of non-involvement in an illegal business to ensure clarity and
qualification requirements intact and adjust the licensing fee structure to prevent overburdens to business operators.Essentially, this approach would allow an applicant to apply for a package of licenses at one
popularity among private sector as tools to raise fund from investors directly whereas the issuers must comply with certain qualification, such as having financial statements prepared in conformity to
investors. However, the underwriter is required to purchase those shares at a later date, resulting in higher demand when share price is below initial public offering price. In contrary, higher number of
from the existing registered capital of THB 217,155,228 to THB 180,970,466.50 by canceling the Company’s 144,739,046 authorized but unissued shares, with a par value of THB 0.25 per share. 2. Approved to