, the SEC allows issuer and intermediary to offer for sale of complex or high risk financial instruments to AI. However, certain products permissible for AI are allowed to offer to retail investors
Bangkok, July 22, 2014 ? The SEC extended the deadline for submitting Shun Thai Rubber Gloves Industry Plc. (STHAI)?s rectified and audited versions of 2012 financial statements from June 26, 2014 to September 30, 2014.Earlier, the SEC notified STHAI to rectify its 2012 financial statements due to the limitation on scope of audit imposed by the company management in various matters including quantities and unit prices of inventories, allowance for decline in value of inventories, and impairment...
Bangkok, March 25, 2013 ? The SEC will allow mutual funds, private funds, and provident funds to invest in investment units of infrastructure funds so as to increase their investment alternatives and allow them to diversify investment risks. SEC Secretary-General Vorapol Socatiyanurak said that ?In general, infrastructure funds investing in infrastructure projects will obtain their revenue from such business operating results. It could be considered as another important investment alternative fo...
The Capital Market Supervisory Board (CMSB)’s meeting, chaired by SEC Secretary-General Ruenvadee Suwanmongkol, passed a resolution yesterday to facilitate listed companies and securities issuers who have to postpone their annual general shareholders’ meeting – and are subsequently unable to appoint an auditor – due to the spread of the novel Coronavirus (Covid-19). In this regard, CMSB has allowed the affected listed companies and securities issuers to appoint an auditor on the SEC ap...
SEC Secretary-General Ruenvadee Suwanmongkol said: “The deadline for listed companies to submit their annual financial statements and other reports as required by law is approaching but the COVID-19 outbreak in many counties has not been resolved. Such current situation may have a negative impact on Thai listed companies that have core business in COVID-19 affected countries, or it might interrupt international travel plans of directors to the point that listed companies are unable to hol...
The Securities and Exchange Commission (SEC) acknowledges and understands the impact of this incident. Therefore, listed companies and securities issuing companies affected and unable to submit their reports on time may submit a request for a deadline extension by 31 March 2025, together with supporting reasons and an estimated timeframe for 56-1 One Report submission for the SEC’s consideration on a case-by-case basis. Additionally, listed companies are required to publicly disclose this inform...
Due to the spread of the COVID-19 pandemic, securities companies and derivatives intermediaries have to allow their employees to perform duties from home and provide operational systems and information technology to support the work-from-home routine. In the past, the rules allowed employees of business operators to perform duties from home only during emergency situations (under BCP plan), but for normal situations, business operators must receive the SEC’s prior approval. Hence, business...
unit), but each unit of the same issue must have equal face value (2) permits the issuer to use set-off methods when it decides to rollover or restructuring debt (3) allows the issuer to appoint
Bangkok, May 14, 2014 ? The SEC allows broader investment in foreign investment products and permits more business operators to provide services in foreign currency denominated securities. SEC
result of the tender offer in Form 247-6-Khor by using the preliminary result of the tender offer before the last day of the period where the offeror allows acceptors to cancel such tenders throughout the