below the market price to be consistent with the aforesaid principles, which specify that “a share offering at a price lower than the market price” means a share offering at a price lower than any of the
regulations.* For example:• Shareholders’ equity falls below 50 percent of the paid-up capital with discount on share capital deducted;• Filing a rehabilitation petition under the Bankruptcy Act and the Court
offering below the offer price to specific persons from 90 days before the offer date to 180 days before the filing date of the IPO application. The consultation paper is available at www.sec.or.th
the proposed amendment and the draft regulations. The proposed amendment is summarized as below: 1) the current regulation requiring DA operators to submit each advertisement piece and
business operator having NC below the minimum requirements.Now, SEC has drafted related regulations by taking into account the concerns and suggestions raised by the private sector during the public
attack or any other damages occur. In addition, these business operators must prepare and deliver information involving calculation of net capital. In a case that net capital falls below 1.5 times of the
is therefore proposing to amend the governing rules and regulations, as summarized below:(1) In addition to the existing requirements for reporting initial public offering (IPO) results (Form 81-1-IPO
to increase its registered capital shares at the amount of 250 million baht to solve the issue of decreasing capital adequacy ratio below the requirement specified under the Insurance Law. The inside
should not be approved by the shareholders on the following grounds: (1) The fair prices of both companies? shares are below the purchase prices, namely 20.0-111.4 million baht compared to 272.44 million
price, which may be considered as share-based payment of service fees. In addition, should the private placement is executed, the ECL share price would drop below the market price. Therefore, even though