majority shareholders) have personal interests (both directly and indirectly) that may be in conflict with the company's interests which results in such persons' failure to make a decision or to perform
qualifications are required such as a paid-up capital of not less than ten million baht, having at least one-third of independent directors, a least two Thai-national directors (one in these two directors must be
is waived. General provisions Investment in real estate assets shall not be less than 500 million baht. Assets to be invested shall be clearly identified. The launched trust certificates may be
operators in the condition of excess supply have affected the selling price. The contracted volume and selling price therefore have a direct impact on the company's gross profit and net profit, although the
third to the total units*. An IFF may issue a variety of unit classes (multi-tranche) with different returns. All unit classes must have the same par value and shall not be allocated to any individuals or
projects which have not yet generated commercial revenue. Investments in infrastructure assets Three Types of qualified investments are: direct investment through obtaining ownership of assets
may not occur again in the future Public Offering (PO) Secondary Public Offering (SPO) Private Placement (PP) of shares: in case of a non-listed company in the stock market Offer to sell shares at a
third to the total units*. An IFF may issue a variety of unit classes (multi-tranche) with different returns. All unit classes must have the same par value and shall not be allocated to any individuals or
meet the criteria specified in the SEC regulations to be listed on the Thai stock exchange and offered to investors in Thailand. This offers the investors the flexibility to trade the units of foreign
interest that may or may not be a breach of laws. Corruption can occur in both public and private sectors, including company executives misusing their power or position to seek personal gains. Alliance