per annum, with the promise that the company would repay the principal and generate the guaranteed returns gradually every 30 days until the investment contract expired. At the time of the inspection

business expansion. Category of Securities : All types of debentures including sub-ordinated debentures, not sub- ordinated debentures, amortizing debentures, bullet debentures, secured debentures, unsecured

/or use in the business expansion. Category of Securities : All types of debentures including sub-ordinated debentures, not sub- ordinated debentures, amortizing debentures, bullet debentures, secured

Bangkok, April 30, 2015 ? Chalee Chantanayingyong, Acting SEC Secretary-General, said that the SEC urges the public to learn of investment in capital market for saving growth and secured the future

restriction, features of bonds, draft terms and conditions and a bondholders' representative appointment agreement (in case of secured bonds/ bonds with a bondholders' representative). - For the offering of

than 50 percent, where the Company is required to disclose information on the Transaction to the SET and to send a circular containing the minimum information required by the Asset Acquisition or

bondholders have the right to redeem such bonds prior to the dissolution of the company under the specific conditions and period of time. Clause 35 In the case of secured bonds, whether the collateral of such

bonds being offered for sale; (2) guarantor rating only in the case where the bond is fully guaranteed and the guarantor is obliged to liabilities jointly with the debtor without revocability before the

interest guaranteed by the Ministry of Finance, and bills issued by the Bank of Thailand. For further details of this public hearing, please visit https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=961

herein are the authors’ and not those of the Securities and Exchange Commission, Thailand. Please send comments to polpatt@sec.or.th Content • What it is • What it really is (not) • What it could be 2