(B.E. 2545) promulgated under the Securities and Exchange Act B.E. 2535, dated 31st January B.E. 2545.] Clause 2 Securities company eligible to file the application under Clause 1 shall not- (1) be
less than 10 million baht The number of independent directors at a minimum of one-third of the board of directors A minimum number of two Thai national directors (one of the two must be an
directors, a least two Thai-national directors (one in these two directors must be an independent director) Trustee's duties A trustee shall have a trustee license and is independent from a trust manager
net assets and net liabilities shall not be less than paid-up registered capital in the amount specified in Section 96 of the Securities and Exchange Act B.E. 2535; (b) net profit or not loss from
Individual Clients (SEC Circular SEC. Thor. 1/2547) To be filed within seven days of the following week. Monthly Reports Unaudited Monthly Financial Statement (Form Bor.Lor. 2 & Bor.Lor. 2/1
and advertisement Investments Due diligence on real estate to be invested Leverage limit Guarantee of income Facilitation of benefits Trust certificate holder meetings Other rules Status and
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
specified by law, and at least two of whom having management experience at listed or securities firms. Expert board members each hold office for four-year term and upon completion of their term may be
recommendation of the candidate proposed by the SEC Board. Secretary-General holds office for a four-year term and may be re-appointed but not for more than two consecutive terms. Click here to download