-high Net Worth Investor and High Net Worth Investor, dated 24 December 2021 (available at https://law.sec.or.th/content/4859), the definition of “Institutional Investor” is determined by evaluating the

would be required to ensure that investors who are not legal entities classified as institutional investors, ultra-high-net-worth investors or high-net-worth investors take a knowledge test before

and procedures as specified in the notification by failing to put in place an effective debenture underwriting system to categorize High Net Worth investors. SEC Act S.116 Settlement Committee

with the rules, conditions and procedures as specified in the notification by failing to put in place an effective debenture underwriting system to categorize High Net Worth investors. SEC Act S.116

Krungthai XSpring Securities Co., Ltd. Krungthai XSpring Securities Co., Ltd. (KTX) offered for sale newly issued securities in the category of of debt securities to high-net-worth investors on a

, failed to comply with the rules, conditions and procedures as specified in the notification by failing to put in place an effective debenture underwriting system to categorize High Net Worth investors

, conditions and procedures as specified in the notification by failing to put in place an effective debenture underwriting system to categorize High Net Worth investors. SEC Act S.116 Settlement Committee

. “relevant offering information” means the following information: (1) amount and selling price; (2) offering period; (3) rate of return; (4) details of subscription, underwriting and allocation; (5) credit

Bondholders Issued by Financial Institutions (No. 4) dated 7 November 2014. Clause 3 In this Notification: The terms "executive", "high net worth investor", and "structured note" shall have the same definitions

securities dealing under foreign law; (5) “ retail client ” means a client who is not an institutional investor or a high net worth investor; (6) “ institutional investor ” means an institutional investor as