establishment, market development had concentrated more on the secondary market where trading of transferable securities was the main activity than the budding primary market where businesses issued securities
Additional rules in case of concentrated allocation Concentrated allocation is allocation to any person more than five percent of the approved number of shares, which must comply with additional rules as
:13 System Account procure-result2556 18/12/2563 15:38 System Account procure-result2557 18/12/2563 15:38 System Account procure-result2558 13/3/2562 14:00 System Account procure-result2559
investment units shall not be concentrated in the holding of any individuals or any groups of persons which could exercise power over fund management and exploit the fund for own benefits such as tax avoidance
investment units shall not be concentrated in the holding of any individuals or any groups of persons which could exercise power over fund management and exploit the fund for own benefits such as tax avoidance
allocation of shares for Initial Public Offering (“IPO shares") which are allocated to sponsors and related parties (“RP") are prescribed to prevent concentrated allocation to sponsors and RP which will enable
years as from revenue generation). 9. An IFF shall procure commercial benefits from leasing or arranging leasehold agreements with other parties (IFF shall not operate infrastructure businesses). 10. An
years as from revenue generation). 9. An IFF shall procure commercial benefits from leasing or arranging leasehold agreements with other parties (IFF shall not operate infrastructure businesses). 10. An