Comments on: “Trading costs on the Stock Exchange of Thailand” Authors: Charoenwong C., Ding D.K., Jenwittayaroje N. Comments on: “Risk-taking behaviour during downturn: evidence of loss-chasing and
to be less informative or even uninformative. However, there has been doubt about whether expanded audit reports with KAMs are really informative to investors. Contributions This study provided the
paid up; “Stock Exchange” means the Stock Exchange of Thailand; “related person” means the related person under the Notification of the Capital Market Supervisory Board concerning the Related Party
newly issued shares to the public for the first time for initial listing on the Stock Exchange or an offer for sale of newly issued shares of the public limited company in normal case as prescribed under
; “central securities depository” means any central securities depository according to the Law on Securities and Exchange; “Stock Exchange” means the Stock Exchange of Thailand according to the Law on
but are merely indications. For the avoidance of doubt, the eligible fund types of Thai Covered Funds classified by Thai laws and regulations are defined in Annex C to this circular. 3 For the avoidance
); 3 (5) a juristic person wherein a person under (1) (2) (3) or (4) has controlling power. “foreign company” means a company established under foreign law; “Exchange” means the Stock Exchange of
securities trading system and other relevant systems of the Stock Exchange. Meanwhile, an information technology system is necessary for securities clearing houses and central securities depositories to
an inaccuracy in gathering or processing data from which the financial statements are prepared and factual misstatement with no doubt (42%), and reclassification for presentation (40%). Incorrect
considering the purchase of units of foreign collective investment schemes should understand the concept and principles of the foreign collective investment schemes. If you are in any doubt, you should consult