Under the amendments, SEC has proposed to lift the limitations on unitholding which bar any person or any associated person from holding investment units in a mutual fund over one third of the total sold units, but asset management companies are still required to disclose information regarding unitholding over the one-third rule to investors and such unitholders are not allowed to exercise their rights of voting for the units they hold beyond the one-third rule. In addition, business opera...
and investment communities duly gave comments.This time, SEC makes eight revised draft notifications in accordance with the proposed principal. Regarding the management of property funds and the
to safeguard investors’ interests. SEC has revised the following five notifications, namely, (1) The draft notification relating to the investment of mutual funds, (2) the draft notification
MFC ASSET MANAGEMENT PUBLIC COMPANY LIMITED|Specific Fund | Offering Date : 10/09/2007 - 24/09/2007
MFC ASSET MANAGEMENT PUBLIC COMPANY LIMITED|Specific Fund | Offering Date : 18/06/2008 - 25/06/2008
Bangkok, October 17, 2013 ? The SEC advised shareholders of Wyncoast Industrial Park Plc. (WIN) to exercise their voting rights at the company?s Extraordinary General Meeting (EGM) on October 22, 2013 regarding the proposed asset disposal opposed by independent financial advisor. Under the proposal, most of WIN?s assets will be sold to a property fund.WIN earlier announced that it will propose to the EGM No. 1/2013 on October 22, 2013 for approval of selling 99.99 percent of its assets to Wyncoa...
Mr. Thawatchai Pittayasophon, SEC Deputy Secretary-General, Acting Secretary-General, clarified: “The SEC, to the best effort, has taken actions under the authority in this case, e.g., instructing the company to disclose information, extend the scope of special audit, and notify investors; and cooperating with relevant law enforcement agencies. We have, so far, made substantial progress in the investigations into the case. With regard to investor rights protection, the SEC has rendered ful...
: Disclosure of information and required practice for listed company relating to acquisition or disposal of assets, dated October 29, 2004 (collectively called the “Acquisition and Disposal Notifications”). When
Company's ordinary shareholders resulting in a decrease in share of profit or voting rights in CAZ decreased from 51.30% to 36.64% or equivalent to not more than 28.57%. However, CAZ will still be the