56-1 together with company financial statements, while the results of CG Watch 2012 survey organized by the Asian Corporate Governance Association and CLSA Asia-Pacific Markets indicated that
recently been issued. Essentially, an equity issuing company is required to comply with the following provisions: (1) the equity to be allocated to various persons must be segregated clearly based on the
During January – March this year, the SEC conducted a public hearing on proposed amendments to the PVD Act to support the development of fund structure, enhance the member protection mechanism
-the-counter center in order to reduce barriers to establishment and operation, imposing regulatory measures to enhance the supervisory efficiency of the Stock Exchange of Thailand and introducing
; (2) Determining the approval application fee for an appraisal company to be 50,000 baht and for a lead appraiser to be 10,000 baht per 5 years, instead of per 2 years at present, resulting in
The SEC has amended the regulations concerning supervision of personnel in capital market businesses by extending the renewal application submission period from September 1st to December 15th each year to September 1st to the last business day of each year. This is to provide greater flexibility for business operators and capital market business personnel in applying for an approval renewal through the ORAP system, which has recently been updated. The extended submission period will take...
Presently, several companies are interested to raise fund through digital token offer to finance their investment in office buildings or condominiums which will later be rented for income shared to holders of digital tokens or real estate-backed initial coin offering (ICO). Meanwhile, the regulations have not yet extended to such fund raising method and a smart contract has not yet covered an enforcement of investors’ rights in some issues which are activities occurring outside blockchain...
bond does not specify a redemption period and thus may require that investors hold such bond longer than general debt securities. Additionally, SEC aims to enhance the efficiency of the sale process
, which will serve as another important milestone reflecting the strong relationship between the SECC and SEC Thailand. During this meeting, the SECC and SEC Thailand also agreed to enhance the strong
According to referrals from the Stock Exchange of Thailand (SET) and the SEC’s further investigation, actions liable to be offenses committed by the three persons above were detected during 16