trustworthiness in regard of undertaking such securities businesses; "major shareholder" means any person directly or indirectly holds shares of securities company exceeding ten percent of voting shares of such
qualifications, or approval is revoked or suspended for the remaining approval period. 7. Sanctions The SEC may revoke or suspend the approval of the foreign auditors when a. foreign
of Approval auditor notifies the SEC of the intention to terminate from an SEC approved auditor, auditor cannot maintain the qualifications, or approval is revoked or suspended for the remaining
resembles the international supervisory framework. The audit quality control regulatory shall be performed at both individual auditor level and firm level. In order to enhance quality and reliability of the
benefit the remaining unitholders, the mutual fund management company should exercise its discretion in deciding whether to dissolve the fund. The calculation method in the case of investment units
of directors but not less than three persons. The audit committee consists of at least three persons and at least one person must have adequate knowledge to review the reliability of financial
to the international standards. In the case of any remaining investment unit value, the value shall be rounded up for each unitholder not more than 0.01 baht at a time in order of the value of the
than five percent of veto by shareholders attending the meeting and who are entitled to vote. Exceptions to ESOP rules In case of the offer for sale of remaining securities after Rights Offering (RO) to