proportion in core business from the minimum of 75% of the total number of voting rights to that of 50%, strengthening investor protection by revising rules on holding company?s investment structure to ensure
companies are urged to communicate with fund committee and members for proper preparation of the pertinent agreements or revising fund articles accordingly.
Bangkok, July 7, 2015 ? The SEC is revising rules on private placement (PP) of newly issued shares to protect existing shareholders and prevent the exploitation of this means for the benefits of any
market. This includes revising the governing rules to allow relevant parties to perform their duties effectively, as well as strengthening the roles of chief financial officers (CFO).Prakid Punyashthiti
, with the following key points: (1) Revising the requirements for business operators unable to maintain net capital: Prescribing requirements in order, starting with suspending services of specific
SEC has discussed with the Stock Exchange of Thailand (SET), the Association of Thai Securities Companies, and the Investment Analysts Association, to develop a shared approach to revising the
as securities; (2) Revising the provisions related to bills to enhance clarity. The consultation paper is available at https://www.sec.or.th/TH/Pages/PB_Detail.aspx?SECID=972. Stakeholders and
, revising the conditions for obtaining a license to allow applicants to choose whether to engage in mutual fund or private fund management, thus avoiding the burden of setting up systems for services they do
operators*. The key points of the draft regulations are as follows: (1) To revise the minimum capital requirement to support digital asset business operations. This includes revising the net capital (NC
other creditors for operations within one year from the date of the Bondholders' Meeting No. 1/2025 (if any). (4) Revising the terms and conditions of the two extended bond series (NAKON25OA and