; “Affiliated companies” means the followings companies: (1) Any company who holds shares of management company or employer, as the case may be, from ten percents of total shares sold of management company or
persons shall not be in aggregation at a time greater than one third of the total sold units of a mutual fund. Such limitations on unitholding are to ensure that investment units are widely allocated to
repeal of the trading lock-up rules whereby an offer for sale of shares that have been sold at a lower price than the SPO price are prohibited. This is to enhance the SPO process and allow an appropriate
Act.Meanwhile, the SEC was notified by a group of IFEC shareholders who together hold more than 10 percent of the total shares sold that they wished to exercise their rights under Section 100 of the Public
regarding units of REIT, if indirect investment in real estate is made through shareholding of other companies, REIT must hold not less than 99% of the total sold shares and of the total voting shares in
. Following a referral from the Stock Exchange of Thailand (SET), the SEC probed into the case and found that on September 23, 2009, Chutchapong, then deputy managing director and director of SLC, had sold SLC
result of which failed to identify Wichai?s dishonest acts occurred in the following period of time. In addition, Jadesada did not cautiously verify the existence of Wichai?s assets claimed to be sold for
listed companies have sold or planned to sell their assets to mutual funds or REITs. The transactions are usually huge in size and value and some of them allow listed companies or subsidiaries to lease
several days. When the client ordered to sell the securities actually sold by {A}, he instead sent the selling order for other securities of the client. {A} admitted that job stress caused him to decide to