statements) or audited (annual financial statements) by an SEC-approved auditor which are monitored and reviewed by the SEC on a quarterly basis to ensure that investors will obtain accurate and complete
. and obtain approval from the shareholders' meeting on the offering of shares not less than one year. The criteria for consideration are as follows: 1.1 The directors, executives and controlling
Minister to grant his approval on establishment of limited company or public limited company within ninety days from the date on which the SEC Office receives complete application and supplementary documents
on which the SEC Office receives complete application and supplementary documents. The Minister shall complete his consideration thereon within thirty days from the date of receiving the SEC’s
establishment of such company within one hundred and twenty days from the date on which the SEC Office receives complete application and supplementary documents. The Minister shall complete his consideration on
in this Ministerial Regulation, the SEC shall recommend the Minister to approve establishment of such company within one hundred and twenty days from the date on which the SEC Office receives complete
shall recommend the Minister to grant his approval on the establishment of such limited company or public limited company within sixty days from the date on which the SEC Office receives complete
approval to offer debt securities for sale. This will allow the SEC to carry out a preliminary scrutiny of qualifications of issuers for investors. Disclosure – issuers are required to make complete and
company or public limited company within sixty days from the date on which the SEC Office receives complete application and supplementary documents. The Minister shall complete his consideration for
receives complete application and supplementary documents. The Minister shall complete his consideration for approval on the establishment of limited company or public limited company under the first