benefits and shortcomings as well as the potential impacts on the bondholders both in cases of approval and decline of approval for the above matters with respective supporting reasons, and clearly provide
above matters with respective supporting reasons, and clearly provide information to the bondholders together with the opinions of the bondholder representative. The bondholders are, therefore, encouraged
has been set up clearly with proper check and balance mechanism. Even SEC Secretary-General is unable to intervene the procedure, said SEC Secretary-General Thirachai Phuvanatnaranubala.
exchange issued by commercial banks having credit rating not lower than investment grade, providing that support rating will also be allowed.The revised regulations will clearly determine responsibility of
March this year.The key changes to the rules include: - To re-define the term, ?patron? as any person who makes contribution to the issuer clearly and continuously, or any person who has a potential to
their own discretion in choosing RMF or LTF destination funds if the transfer criteria are clearly disclosed beforehand in the fund scheme for the unitholders? information; - Requiring asset management
public offering (IPO) companies. The purpose is to ensure that CFOs and accountants clearly understand the expected roles and responsibilities in preparing financial reports and internal control system
(FA), save for offerings by financial institutions which are also SEC-approved FA. On information disclosure, notice calling a shareholders? meeting must clearly state material information including
out derivatives positions before reaching expiry dates and open new positions of next trading series. The client also allowed her to make trading decision; however, did not clearly specify details of
must comply with derivatives investment rules and be managed with due care for the benefit of investors. Maximum limit of derivatives investment must be set and clearly stated in the prospectus together