Upon the review of the Securities and Exchange Act, SEC finds that certain provisions of the law do not support the issuance of debt securities under the current economic situations. For example, the legal requirement on minimum face value of debentures may be too high and hinder retail investors to access debt markets, or the prohibition of set-off can cause unnecessary procedures and fees to issuer who wants to rollover the matured debt into a new one or who wants to restructure terms and cond...
SEC proposes the amendment to Securities and Exchanges Acts in various aspects so that the law would be more flexible, able to keep pace with new development and suitable for actual use. It also aims to support the using of new technology in several activities in capital market, in particular fundraising, trading, and clearing and settlement. We believe that the embrace of innovation would promote the competition, align and enhance the supervision of alike activities, and provide investors with...
Today, development of technology is rapid and continuous. It disrupts development of services in the capital market. However, SEC views that many provisions in the Securities and Exchange Act B.E. 2535 (1992) and the Derivatives Act B.E. 2546 (2003) do not keep pace with these rapidly changing environments which may unintentionally limit the area that business operators can make use of technology, such as provision that requires business operators to disclosure its financial statements to...
condition under the agreements. THL, therefore, did not record the compensation for the difference of gold prices as expenses and liability in the financial statements.The SEC opines that the foreign bank?s
capability of seeking other sources of funds, together with the current loss and problems in GSTEEL group. IFA opines that the terms and conditions of the agreement is reasonable and beneficial to the company
rate exceeding 25 percent, which would consequently result in Insignia obtaining the most voting rights in SABUY. In this regard, IFA opines that the offer price of the ordinary shares and warrants as
for the utmost benefit of shareholders and the company. GJS?s IFA, Capital Advantage Co., Ltd., is of opinion that: 1. Entering a Credit Facility Agreement with AM: IFA opines that the terms and
of the Board of Directors on the entering into of the transaction The Board of Directors considers the transaction and opines that Gofive has separated its IT and innovation business from the printing
the Board of Directors on the entering into of the transaction The Board of Directors considers the transaction and opines that Gofive has separated its IT and innovation business from the printing