of the business. The significant control shall include (1) holding of shares conferring 50 percent or more of the total voting rights in the immediate holding entity, or (2) nominating a substantial
acquisition of the significant control over a juristic person that is an existing shareholder of the business. The significant control shall include (1) holding of shares conferring 50 percent or more of the
principle means an acquisition of the significant control over a juristic person that is an existing shareholder of the business. The significant control shall include (1) holding of shares conferring 50
., shareholding percentage and structure, other shareholders names, etc. (if possible) shall be provided to the SEC office. 7 Acquisition through the chain principle means an acquisition of the significant control
percentage and structure, other shareholders names, etc. (if possible) shall be provided to the SEC office. 7 Acquisition through the chain principle means an acquisition of the significant control over a
office. 7 Acquisition through the chain principle means an acquisition of the significant control over a juristic person that is an existing shareholder of the business. The significant control shall
fund ("One-Third Rule"). As there is no such One-Third Rule in other ASEAN countries, the proposed revision aims to facilitate Thai investment management companies by exempting the said Rule from unit