operations of a branch office may damage the financial position and performance of a management company; or a management company is unable to continue to meet the criteria set (Translation) Page 3 of 3 out
period was over, provided that the action taken hereto shall base upon the commission of offences regarding deceitful, fraudulent or dishonest management of assets which has caused damage to either the
’ efficiency. 9. Litigation In September 2018, the Company was sued by a disputant company for its non – compliance with the memorandum signed in August 2018, claiming a compensation for damage of Baht 9.2
September 2018, the Company was sued by a disputant company for its non – compliance with the memorandum signed in August 2018, claiming a compensation for damage of Baht 9.2 million. As on 13 December 2018
favor of the Company. Consequently, the Company has not established any loss reserve in its accounts, from suing of claiming a compensation for damage of Baht 9. 2 million for its non- compliance with the
was sued by a disputant company for its non – compliance with the memorandum signed in August 2018, claiming a compensation for damage of Baht 9.2 million. As on December 13, 2018, the Company has
liabilities and risk haircuts – to ensure that there are sufficient liquid assets to absorb losses, maintain stable financial status and, in the event of insolvency, prevent damage to client assets and the
damage, [ii] other circumstances indicating that the applicant is facing financial distress, or [iii] reasonable grounds to believe that the applicant has any deficiency or inappropriateness in operational
public policy or state policy; (3) the share offering may affect the reliability of the overall Thai capital market; (4) the share offering may cause unfairness or damage to the overall shareholders of the
qualifications and code of conduct for those who provide investment advice. The requirements stipulate the readiness for conducting businesses and maintaining collateral for surety to compensate for damage to