to ensure that asset management companies have standardized work and also ensure that they are consistent with conditions for tax privileges. The investors investing in SSF units could get
. In a move to restore capital market confidence, the cabinet approved an additional tax privilege for people who purchase investment units in Super Savings Fund (SSF) which invests not less than 65
include listed securities and investment units of open-ended funds with daily redemption feature, except investment units with transferable restrictions. In any case, such repo transactions would have to
proposed granting corporate income tax exemptions to “mutual funds” whose units are subscribed solely by provident funds. In light of this approach, SEC is revising the regulations on establishing mutual
investors better. Key changes in the amendment include:- Expanding the payment amount of redeemed investment units on the unit trading day- Allowing asset management companies to fix the fund’s constant net
principles for such kind of fund conversion.The key provisions include (1) permission to pay for the purchase of property fund assets during the fund conversion process with trust units or combination of trust
seeking unitholders? resolutions. The rules governing debt-liked investment units and the rules on seeking unit-holders? resolutions for capital reduction will also be revised with the aim of clarifying and
Office of Securities and Exchange Commission No. SorJor. 28/2557 Re: Dissemination of Information relating to Offer for Sale of Units of Real Estate Investment Trust prior to the Effective Date of a
assets, redeeming the mutual fund units without client consent in the following manner, causing damage to the client, who had completely compensated, in the amount totaling 1,027,000 baht: 1
units as of the end of the business day of the calculation; “selling and redemption supporter” means any person designated by a mutual fund management company to sell or redeem investment units, as the