of the following manners, for which the SEC shall specify the paid-up registered capital of at least one hundred million baht: (1) Keeping the client’s assets in its possession; (2) Investing in or
asset report will be more flexible in that the report must be sent within 5 working days of the following month to the clients or at least once a year to the clients who have been inactive for more than a
independent directors at least one fourth of all directors, providing that the independent directors are subject to the specified qualifications and prohibited characteristics. In this juncture, certain waivers
theirs. In the case of REIT, a subsidiary means a company in which REIT invests indirectly through shareholding and which holds ownership of the invested assets. In addition, REIT must hold at least 99
contracts to be another underlying asset in addition to the current real estate and shares of special purpose vehicles (SPV) which hold real estate accounting for at least 75 percent of the voting rights
rules. In addition, the tender offer period must be extended for at least 15 business days after the offer price is properly set and the EARTH shareholders must be given at least 10 business days to
Bangkok, April 8, 2014 ? The SEC requires all licensees of securities and derivatives businesses appoint independent directors at least one-fourth of the board members by January 1, 2016.SEC
financial institution regulated by the SEC, audit firm with the SEC approved auditor and the Stock Exchange of Thailand (SET) or its subsidiary whose shares are held by the SET at least 75%, business operator