financial difficulty and unable to maintain adequate net capital as prescribed. The revised rules include rectification period, restriction of business operations during rectification period and undertakings
restriction in case where the asset management companies are unable to maintain adequate capital. As the asset management companies have been allowed to apply for undertaking of business as a trustee, the
prescribed. The proposal includes rectification period, restriction of business operations during rectification period and undertakings in case of failure to rectify. The proposed rules will provide more up-to
. Reviewed by taking into account comments and recommendations of the business operators received from the previous public hearing, the draft rules include rectification period, restriction of business
November 11, 2014 Charin, then PAP independent director, arranged a sale of 147,000 PAP shares in which he had a stake held in the trading account of another person. In so doing, he took advantage of the non
Annual General Shareholders? Meeting on 2 May 2017, Wichai, as Chairman of the Board of Directors and both meetings, arranged for the election by means of cumulative voting* despite knowing that such
. Earlier, he had arranged for ZMICO to invest in shares of a listed company at the price not exceeding 20 baht per share which was very much higher than the market price at that time. He subsequently
problems, and the company’s board of directors should take it into consideration. This is to ensure that an extraordinary shareholders meeting will be arranged without delay
legal enforcement can be arranged. Replacement mechanisms must be clearly disclosed in the filing and drafted prospectus. The regulations will go into effect from 1 May 2020 onward
caused damage to {X1}.In this regard, the four persons jointly arranged for {X1} to buy a land and a seven-storey office building to be used as {X1} new office at the price of 60 million baht from {C