specified by law, and at least two of whom having management experience at listed or securities firms. Expert board members each hold office for four-year term and upon completion of their term may be
. The SEC Board comprises: Chairman appointed by the Cabinet upon the Finance Minister’s recommendation; Commissioners , namely: 1. Permanent Secretary of the Ministry of Finance; 2. Permanent
date on which the Securities and Exchange Act B.E. 2535 comes into force ; (3) hold shares of any securities company in the amount equal to or exceeding ninety-nine percent of the total paid-up
acquire and hold the property in that foreign jurisdiction. Leverage Limit Leverage limit is < 35% of the total asset value. In case of assets with credit ratings of investment grades, the limit is up to
Articles do not specify the meeting venue, the company may hold the shareholders' meeting at its plant or a nearby location. However, to demonstrate that the company supports the shareholders' participation
shares in the amount equal to or exceeding ninety-nine percent of the total paid-up registered capital on the date on which the Securities and Exchange Act B.E. 2535 comes into force ; (3) hold shares of
IFF is allowed for a borrowing ≤ 3 times of the equity and the debt shall be a non-recourse type of debt. Fund unit holding An individual or a group of associated persons shall not hold more than one
forth by the SEC Board and supervise compliance and enforcement of the securities laws. The SEC Office is headed by Secretary-General who is appointed by the Cabinet upon the Minister of Finance’s