In the past, proposing of agenda items by shareholders of listed companies and proxy soliciting have been carried out differently for each company and for soliciting person as there is no common regulations determining practices to propose agenda items by shareholders and to solicit proxies from shareholders. SEC, therefore, plans to issue regulations on these matters to promote uniformity in the practices.In a matter of the proposal of agenda items by shareholders under Section 89/28 of the...
The regulatory revision on the information disclosure and an issuer’ auditor takes into account the readiness of the capital markets without creating too much burden for stakeholders. Significant issues required to be disclosed are as follows: (1) To additionally disclose directors and executives’ compensation policy, method of determining the compensation packages, structures of each compensation remuneration type, and accrued expense of the latest year’s compensation; (2) To clearly dis...
. Furthermore, the SEC has implemented preventive measures against investment scams from the start, such as issuing alerts and educating the public about investment scam tricks and collaborating with relevant
The SEC has initiated an issuance of a notification stipulating rules, conditions and procedures for collecting, disposing, and distributing REIT assets, based upon the Notification of the Capital Market Supervisory Board* applied to the property funds, to lay down a practical guideline for consistent and transparent practices of the business operators, taking into account practicality without hindrance. A public hearing on the proposed principles for the notification had been conducted...
SEC is welcoming public comments on a drafted notifications of the approval for offering of newly issued shares and information disclosure, applying to issuers and listed companies, in accordance with the International Organization of Securities Commissions (IOSCO) standards and FSAP. Reexamining these regulations would help to further credibility of the Thai capital market and to build up confidence for both domestic and foreign investors. For the principle of the revision, the SEC had al...
Bangkok, May 18, 2011 ? SEC Secretary-General Thirachai Phuvanatnaranubala said after the Capital Market Supervisory Board's Meeting that the Board resolved to amend the underwriting rules and conduct of derivatives brokers as follows: 1. Underwriting rules will be relaxed to permit brokerage firms that issue instruments linked to other underlying securities, e.g., derivatives warrant, trading such underlying securities while underwriting them. The relaxation aims at facilitating the brok...
Bangkok, May 18, 2011 ? SEC Secretary-General Thirachai Phuvanatnaranubala said after the Capital Market Supervisory Board?s Meeting that the Board resolved to amend the underwriting rules and conduct of derivatives brokers as follows:1. Underwriting rules will be relaxed to permit brokerage firms that issue instruments linked to other underlying securities, e.g., derivatives warrant, trading such underlying securities while underwriting them. The relaxation aims at facilitating the brokerage fi...
operational procedures as well as rules and regulations in relation to listed companies and securities trading, some of which have already obtained approval from the SET Board of Governors, i.e., the revamp
of the meeting relation to the acquisition land and buildings at Chiengrai and paying off with shares of WCI Holding PCL., held by EFORL. To: President The Stock Exchange of Thailand CC: Secretary The
for COVID-19. However, the epidemic of the virus was controlled in time by The Thai government, which has implemented a number of preventive measures to combat the situation, such as closing certain