SEC considers revising the regulations on the offering for sale of investment in shares held by listed companies or their subsidiaries in order that the shareholding can be conveniently
inside information to trade CMO shares along with failure to report the changes of his CMO shareholding and launch a tender offer for CMO shares.With the referral from the Stock Exchange of Thailand, the
theirs. In the case of REIT, a subsidiary means a company in which REIT invests indirectly through shareholding and which holds ownership of the invested assets. In addition, REIT must hold at least 99
includes provisions on shareholding of acting-in- concert parties and measures against persons failing to meet the conditions for tender offer waiver. Other related rules proposed for revision involve
do so in the future; - To limit the collective shareholding of all patrons and related persons up to 25 percent of the IPO shares sold; - To require the board of directors to approve the criteria for
performance, for example, cross-shareholding, having the same directors, and the underwriter or the financial advisor being the creditor to the issuer, etc.The SEC, therefore, is proposing draft
useful contributions to the issuing company clearly and continuously, and to limit the collective shareholding of all patrons and related persons up to 25 percent of the IPO shares sold; 2. To shorten the
the amount of 973,241,553 shares at the price of 0.0001 baht per share, totaling 97,324 baht, so that the group of such persons’ shareholding proportion would be 30 percent. Since the said matter may
general shareholders’ meeting on 23 February 2024 and exercise their voting rights on a proposed capital increase to be offered to the existing shareholders in proportion to their shareholding (rights
, the shareholding structure of any group of investors and major shareholders, business operation, fundraising objective, and risk factors. This is to ensure that investors would receive material and