(UNOFFICIAL TRANSLATION) Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. Notification of the Capital Market
to maintain sufficient liquid assets, which can readily be converted to cash, so that they are able to respond to market conditions without having significant impact on their asset market prices
for property fund, infrastructure fund, REITs, and infrastructure trusts. The auditors must be rotated off after 7 cumulative years of service and must serve a cooling-off period for 5 consecutive
on investment advisor via crowdsourcing which are required to be granted SEC licenses. Investment advice must be made to general, not specific, investors and must be independent advice without
for each project, currently set at 500 million baht, will be lifted. Combined investment of an infrastructure fund in all power plant projects must be not less than 2 billion baht.If an
Businesses, dated 3 July 2018) is to be revoked; 2) DA operators are to be required to seek approval from their CEO* before launching any advertisement. Additionally, DA operator’s Compliance
postpone their general shareholders’ meeting. As a result, the approval and submission of the annual financial statements to SEC cannot be done within the deadline specified by law, and consequently the
be useful for policy making with regard to exchange rates and financial system in an effective and timely manner.The SEC therefore proposes to revise relevant regulations to require securities
Translation (Unofficial Translation) (Translation) -9- Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. The SEC