under the Securities and Exchange Act B.E. 2535 provides that "The licensee in the category of securities financing which has obtained securities business license prior to effective date of this
obtained securities business license prior to effective date of this Ministerial Regulation and has paid the license fee for the year of such effective date shall be allowed to continue undertaking
the Securities and Exchange Act B.E. 2535; (b) net profit or not loss from operation during three consecutive years prior to the year of filing the application; (c) any step taken by the
operation during three consecutive years prior to the year of filing the application; (c) any step taken by the securities company to rectify financial condition or result of operation as approved by the
dispose of the assets at the earliest opportunity, except that the unitholders accept the assets as debt repayment instead of cash. 2) I nclusion in the fund: The funds may continue to hold the assets
from a closed-end fund to an open-end fund is originally specified in the scheme prior to the first offering of the investment units, or a resolution of approval is obtained from the unitholders with
years; (4) The agreement contains a statement that customs have the right to terminate the agreement for management of a private fund within five business days without giving prior notice to the private