Pursuant to the SEC’s rules, all Thailand ESG Funds are required to invest in companies operating sustainably and receiving SET ESG Ratings as eligible assets* at an average proportion of at least 80 percent of the NAV during any financial year. This is part of the mechanism driving Thailand’s sustainable development. However, in any event that an asset management company considers that any company has inappropriate corporate governance practice despite having received SET ESG ratings, as requir...
of Baht 500 each day starting from the next day of prosecution date until the company so complies. Since the accused pled guilty, the Court reduced the fines by half, resulting in a fine of Baht
everyday starting from the next day of prosecution date until the company so complies. Since the defendant pleaded guilty, the Court reduced the fines by half, resulting in a fine of Baht 30,000 and a
period. The Criminal Court sentenced the accused to pay a total fine of Baht 60,000 and a further fine of Baht 500 each day starting from the next day of prosecution date until the company so complies
646,500 and a further fine of Baht 1,500 each day starting from the next day of prosecution date until the company so complies. Since the accused pled guilty, the Court reduced the fines by half, resulting
accused to pay a total fine of Baht 1,126,000 and a further fine of Baht 1,000 each day starting from the next day of prosecution date until the company so complies. Since the accused pled guilty, the Court
date until the company so complies. Since the accused pled guilty, the Court reduced the fines by half, resulting in a fine of Baht 563,000 and a further fine of Baht 500 each day starting from the next
day starting from the next day of prosecution date until the company so complies for failing to file the reviewed financial statements for Q3/2016. Since the defendant pleaded guilty, the Court reduced
until the company so complies. Since the accused pled guilty, the Court reduced the fines by half, resulting in a fine of Baht 298,7500 and a further fine of Baht 250 each day starting from the next day
the fines by half, resulting in a fine of Baht 194,500 and a further fine of Baht 500 each day starting from the next day of prosecution date until the company so complies. SEC Act S.56(4