has been set up clearly with proper check and balance mechanism. Even SEC Secretary-General is unable to intervene the procedure, said SEC Secretary-General Thirachai Phuvanatnaranubala.
do so in the future; - To limit the collective shareholding of all patrons and related persons up to 25 percent of the IPO shares sold; - To require the board of directors to approve the criteria for
management to asset management licensee will be permissible, subject to the specified rules. In addition, REIT holding limit will be relaxed where a REIT trustee will be able to hold up to 50 percent of the
Bangkok, March 25, 2014 ? SEC Secretary-General Vorapol Socatiyanurak emphasized importance of listed companies? Annual General Meeting of Shareholders (AGM), an event set up every year during March
-bank and if setting up as a company, more than 50 percent of all shares with voting rights must be held by the Ministry of Finance; (2) approved by the Bank of Thailand to provide financial services
made available, including articles as well as local and international developments in such areas while ?AC Corner? has been set up as a communication channel with audit committees. Furthermore, the
? anti-corruption leadership as they might start from setting up preventive measures and make progress to obtain Collective Action Coalition (CAC) certifications by 2015. If all financial intermediaries
greater use of trust for transactions in capital market.?????????? Vorapol Socatiyanurak, SEC Secretary-General revealed that the SEC Board approved to allow PE set up as trust, apart from being structured
establishment of property fund permissible to be filed no later than the end of this year, the fund to be set up must be in form of specific property fund.The consultation paper is available on the SEC website at
within December 31, 2013 must be for setting up of specific property fund only. In addition, a management company is required to submit to the SEC a due diligence certification.? Mr. Vorapol said.