have Thai nationality, members of the SET may elect not more than two persons as directors of the SET. 3.5 Extending directors’ term of office The directors, except manager of the SET, shall hold office

incomes and expenses in the account of such investment policy while other incomes and expenses shall be distributed into every investment policy of the fund in proportion to each investment policy’s net

another beneficiary or other beneficiaries, and the settlor or the trustee, by virtue of beneficiary, receives interest from the trust property not more than the proportion specified in the notification of

more than the proportion specified in the notification of the SEC. In cases where the settlor or the trustee, by virtue of beneficiary, receives interest more than the proportion specified in the first

from the trust property not more than the proportion specified in the notification of the SEC. In cases where the settlor or the trustee, by virtue of beneficiary, receives interest more than the

shall be distributed into every investment policy of the fund in proportion to each investment policy’s net asset value, and shall be recorded as incomes and expenses in the account of each investment

every investment policy of the fund in proportion to each investment policy’s net asset value, and shall be recorded as incomes and expenses in the account of each investment policy. Section 18. 2

the proportion of their existing shareholding and in consideration of full payment for value offered. 11 SECTION 34. Offer for sale newly issued shares by limited company under the Civil and Commercial

complied with Section 65 or (3) is an offer for sale of newly issued securities by a public company limited and is made entirely to its shareholders in proportion of their existing shareholding and in

securities by a public company limited and is made entirely to its shareholders in proportion of their existing shareholding and in consideration of full payment for value offered. SECTION 33/1.5 In case of an