Bangkok, June 7, 2012 ? The SEC is seeking public comment on the revision to regulation governing return payment from the investment of property sector fund. The revision aims to solve tax differences between indirect investment through property sector fund and direct investment in property fund established and managed in Thailand (Thai property fund). Under the proposed regulations, property sector fund must pay dividend to unitholders the entire amount of return obtained from Thai property fun...
Today (February 23, 2004), the meeting between the Office of the Securities and Exchange Commission (SEC) and the Association of Securities Companies (ASCO) agreed on ASCO?s proposal concerning
Bangkok, September 23, 2013 ? The SEC is now seeking public comment on introducing an approval regime for technical analyst and the revisions of qualifications of investment analysts and investment consultants after a hearing on the principles for revisions of approval regime was launched earlier. This aims at elevating standards of professions and allowing opportunity for the increase of new market personnel in Thai capital market to better accommodate investors? diverse needs. The proposed rev...
Bangkok, January 19, 2009 ? The SEC is conducting a public hearing on the revision of rules governing debt securities offerings by foreign issuers until January 31, 2009.To facilitate and reduce costs of fund mobilization across ASEAN, the SEC is considering a revision to the rules on the offering for sale of debt securities by foreign issuers (baht bonds) in Thailand, with the adoption of common standards, the ASEAN Debt Securities Disclosure Standards, for public offering. In case of the offer...
Bangkok, February 13, 2013 ? The SEC is seeking public comment on draft amendments to the rules governing the proportion of investment unit holdings in mutual funds for general investors (retail funds), excluding equity funds. The amendments aim to ensure proper unit allocation and prevent any undue benefit by any particular individual. For example, the revisions require any person or group of persons to hold not more than 1/3 of total investment units sold.? In case any person or group of perso...
Bangkok, February 27, 2014 ? The SEC is seeking public comment on draft compilation of rules governing providers of investment services in foreign currency denominated securities and derivatives. The draft rules permit business operators to provide services under their licenses and the foreign investment quota granted by the Bank of Thailand. In this regard, permissible investment products denominated foreign currencies are expanded to cover more investment products; units of foreign collective...
Bangkok, January 21, 2013 ? According to the news coverage on an interview of Mr. Sompoch Ahunai, Chief Executive Officer of Energy Absolute PLC, concerning financial information and forward-looking
On August 23, 2004, the Securities and Exchange Commission, Thailand (SEC) filed a criminal complaint with the Department of Special Investigation (DSI) to pursue its investigation against (1) Mr. Thosapong Jaruthavee ? the Director of Natural Park PLC (N-PARK), who was the former Managing Director responsible for the operation of N-PARK, on the charge of misappropriating the assets or the rightful benefits of N-PARK to Mrs. Sawang Mankongcharoen, and (2) Mrs. Sawang Mankongcharoen on the charge...
information concerning TPIPL?s enterprise value of 91,387 million baht estimated by Stern Steward & Co. (Thailand) LTD, and the fair value of TPIPL shares of 89 baht per share (the price of TPIPL stock at that