, in the aspect of investor protection, the proposed regulation requires that Thai listed company offering ESOP must comply with criteria for existing shareholder protection (i.e. dilution effect). In
disclose the clarification via the Stock Exchange of Thailand. Owing to the fact that the proposed transaction requires at least three quarters of total voting rights less interested shareholders, the SEC
significance, SUPER has proposed the acquisition for consideration in the upcoming shareholders? meeting on April 25, 2014 where the proposal requires at least three quarters of total voting rights less
. The existing approval scheme, on the contrary, requires the issuer to seek approval and file full form of registration statement for every offer which could affect fundraising plan, costs and need of
selling of stocks and REIT by the underwriter at the beginning stage of listing may significantly impact trading volumes and price of such securities.? The proposal also include the rule which requires lead
explanation from the company directors in order to make a prudent decision on their voting. The SEC requires that any material acquisition and disposal of assets subject to the shareholders? approval must have
. These include the offer price being no less than 90 percent of the market price, and the objective not being to fund a large-scale project that requires the shareholders? prior approval. In addition, the
Limited (the “Investment in KPN Academy”) is a significant transaction to the Company to which there are a number of information and documents related. The Company therefore requires more time to prepare
Objective The Iconic Property Company Limited needs working capital for its business operation whereby registering the increase of registered capital and the capital collection requires time to process which
conditions stated therein. The proposed sell-down of the Units is strictly a f inancing exercise to fund, amongst other things, working capital needs and to pay the Company’s indebtedness and liabilit ies