business relationship, investment, or administration and management of the issuer, for example, customers, suppliers of raw materials, potential business partners of the issuer, the affiliated companies of
securities company shall allow any person to have control over its administration or management except for exercise of shareholder’s right in shareholder meeting or management under agreement approved by the
approval. However, if a mutual fund management company files an application for automatic approval not in compliance with the specified conditions, the SEC may proceed with one or more of the following
Securities Business in the Category of Venture Capital Management B.E. 2545 By virtue of Section 7 and the fourth paragraph of Section 90 of the Securities and Exchange Act B.E. 2535, which is an Act
) Ministerial Regulation No. 14 (B.E. 2541) issued under the Securities and Exchange Act B.E. 2535. Clause 2 Person eligible to apply for securities business license in the category of private fund management
under Clause 3, the approved person shall proceed with establishment of new limited company or public limited company for operating securities business in the category of venture capital management as
Mutual Fund Management B.E. 2545 (As amended) By virtue of Section 7 and the fourth paragraph of Section 90 of the Securities and Exchange Act B.E. 2535, which is an Act containing provision in relation
person shall proceed with establishment of new limited company or public limited company for operating securities business in the category of private fund management as approved, and the newly established
have control over the executives in risk management, financial management and business strategy. The securities issuing company must disclose the minimum requirements in a format and within the