The Regulatory Guillotine* scheme is one of the key projects supporting the implementation of SEC Strategic Plan in the area of competitiveness enhancement and connectivity. The scheme enables a regulatory framework that requires issuance and revision of necessary rules and regulations and promotion of effective enforcement in line with international standards and current situations.In this regard, SEC has developed, reviewed, and revised regulations on the operation of investment manage...
at a price lower than the market price. The governing regulations in this regard have become effective since 1 September 2022. The SEC is revising the principles for considering the market price and
committing or permitting another to act so as to falsify the accounts of GSTEL and GLS by making false entries concerning the purchase of raw materials from overseas suppliers materially lower than the actual
capital shares which would be considered a related transaction whereby the offer price is lower than the market price, and a waiver of tender offer to acquire all shares is requested, before exercising
risk management capacity and lower potential disruption to the overall market in compliance with international standards. Essentially, the amendment would require that the senior management of securities
baht bonds to (i) obtain an issue rating not lower than investment grade* from an international credit rating agency established under foreign law, (ii) appoint the bondholder representative, and (iii
shareholders should not approve the acquisition due to lower returns than the cost of equity. Therefore, the SEC advises GUNKUL shareholders to study the information thoroughly as well as seek clarification or
and public limited companies. This notification will allow social enterprises to be able to make public offerings, whether by the enterprises or their shareholders, quicker, at lower costs. SEC
known as robo-advisor, service to be offered to investors next year. Robo-advisor has gained popularities in many foreign capital markets as it offers investors ability to obtain lower cost investment
. For example, an offering at the market price does not require the approval of the shareholders’ meeting while an offering at a lower-than-market price requires the approval of the shareholders’ meeting