million baht from a juristic person whose shareholders have a close relationship with CMO directors. Such purchase was at a price higher than the book value of the investment. Therefore, the SEC, by virtue
about loans given to two legal entities, which subsequently became shareholders in KWI.Therefore, by virtue of Section 58 (3) of the Securities and Exchange Act B.E. 2535 (1992), the SEC has instructed
essential information for investors and shareholders to make investment decisions and monitor listed company performance, the SEC concluded that there are insufficient grounds to grant the requested extension
problems and developing the well-being of the community, society, public health or the environment, without pursuing the highest returns for shareholders. Since the rule would require that social enterprises
, certain shareholders may have the number of voting share more or less than the number of voting rights, which may be contrary to the major shareholder oversight principle that aims to supervise the actual
, default of debt repayment at an amount exceeding 5 percent of the total assets, and changes to the major shareholders’ structure. To ensure that the proposed rules would not impose an excessive burden to
securities companies who are affected from the amendment of the notification to apply for approval of their respective major shareholders in accordance with the newly announced definition. The
the shareholders or the decision-making of investors.The SEC therefore, by virtue of Section 58(1) of the Securities and Exchange Act B.E. 2535 (1992), has instructed EARTH to (1) clarify whether the
affect POLAR investors and shareholders. In this regard, POLAR's failure to comply with the order of the SEC is liable to contravention of Section 58 (3) of the Securities and Exchange Act B.E. 2535 (1992
cyber risks and internal control systems to prevent and manage risks that may cause widespread damage to business operation and impact on shareholders, stakeholders and the overall capital market. The