to close the bondholders' register at least 14 days prior to the meeting date; (1.2) Failing to require the bondholder registrar to notify the Thai Bond Market Association at
application process, requiring the foreign issuer to file an application with the SEC directly without the need to obtain a prior approval from the Ministry of Finance; (2) To require the foreign issuer of
must disclose material information in the Registration Statement and Draft Prospectus (“the Filing”) prior to the offering of such securities; (2) Requiring the Filing to be submitted via Form 69-1
NAKON264A) to grant the issuer the right to redeem the bonds prior to the maturity dates (call option). The SEC requires that the bondholders’ representatives analyze the benefits and shortcomings as well as
current circumstance, the issuer needs to rectify any illegal business activities in accordance with the board definition prior to obtaining an IPO approval. This could delay fundraising and consequently
person. In this regard, the business operator must consider the qualifications of the applicant in line with the governing regulations prior to submitting the application via SEC’s auto approval system
for normal situations, business operators must receive the SEC’s prior approval. Hence, business operators requested more clarity as to which operational systems are required and a streamlined process
by requiring the auditors to obtain prior approval from SEC. In addition, the auditors must be associated with the audit firms recognized by SEC. The auditors, however, shall not be director, manager
meeting in person and submit questions to the company prior to the meeting date. _________________________
mutual funds are allowed to invest, requiring asset management companies to notify investors prior to raising fees or expenses, waiving the limitation rule on unitholding over one third when certain