person shall establish limited company or public limited company to undertake securities finance business. The company so established shall have formation of shareholders and their proportion of
recommendation. Clause 4 Once the Minister has granted his approval under Clause 3, approved person shall establish limited company or public limited company to undertake securities finance business. The company
providing services. Clause 2 Person intending to undertake securities business in the category of inter - dealer brokerage shall file an application for approval of establishment of limited company or public
receiving the SEC’s recommendation. Clause 4 Upon the Minister’s approval under Clause 3, approved person shall proceed with establishment of limited company or public limited company to undertake securities
clause 3(3) and (4). Clause 5 Any person intending to establish limited company or public limited company for operating securities business in the category of private fund management shall file an
person shall proceed with establishment of new limited company or public limited company for operating securities business in the category of private fund management as approved, and the newly established
their duties for the best interests of the company. Therefore, A person who has a conflict of interest must not do business which is in competition with the company. There must be no related party
venture capital management consideration on which shall be based on the company executives’ knowledge,competence, honesty and working experience. Clause 2 Person intending to establish a limited company or
under the Securities and Exchange Act B.E. 2535 is hereby repealed. Clause 2 Person intending to apply for operate securities business license in the category of mutual fund management shall be limited
executives’ knowledge,competence, honesty and working experience. Clause 2 Person intending to establish a limited company or public limited company for operating securities business in the category of venture