Microsoft Word - Representative 2551_en_final (UNOFFICIAL TRANSLATION) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for

’ representative appointment agreement. This initiative aims to facilitate and reduce costs associated with appointing a bondholders’ representative for bond issuers according to standardized procedures

The SEC emphasizes the significance of the roles played by the “bondholders’ representative,” who serves as a crucial mechanism for safeguarding and advocating for bondholders. The bondholders

Mr. Cholnatee Sopak Mr. Cholnatee Sopak, at the time of the incident serving as Assistant Managing Director of the Bondholders’ Representative Division and the person responsible for overseeing the

and the ThaiBMA. The two parties have also developed and published a sample bondholder representative appointment agreement to facilitate processes and reduce costs for bond issuers and bondholder

and foreign issuers and to increase measures for protecting investors.   The SEC is therefore conducting this public hearing on the proposed amendments to the regulations for securitized bonds with

while also increasing measures for protecting investors. For example, the offering of bills of exchange will be limited to a certain number of investors, and a representative of debenture holders will be

the securities offering registration statement and draft prospectus ("filing"). In this regard, one of the conditions for termination of the debenture holder representative's duties which