trustee is entrusted with powers to oversee and administer assets of the trust in interests of the unitholders, who are the beneficiaries of the trust. A REIT is regulated under 2 major laws: 1. The Trust
. Director-General of the Fiscal Policy Office Expert Board members not exceeding four persons appointed by the Minister of Finance as proposed by the Nomination Committee. Expert Board members must have
. Director-General of the Fiscal Policy Office Expert Board members not exceeding four persons appointed by the Minister of Finance as proposed by the Nomination Committee. Expert Board members must have
recommendation; Commissioners , namely: 1. Permanent Secretary of the Ministry of Finance; 2. Permanent Secretary of the Ministry of Commerce; 3. Governor of the Bank of Thailand. Expert commissioners
under its responsibility Ensure that units offered for sale exclusively for high net worth investors are not allocated to retail investors Oversee to ensure that the trust is not becoming a private trust
an independent director) Trustee's duties A trustee shall have a trustee license and is independent from a trust manager. A trustee's main duties are to: oversee that the trust instrument is
an independent director) Trustee's duties A trustee shall have a trustee license and is independent from a trust manager. A trustee's main duties are to: oversee that the trust instrument is
other assets as collateral for securities trading of any person; 6. Allowing any person to receive benefits or oversee payment related to or because of one's own securities trading; or 7. Transferring or
other assets as collateral for securities trading of any person; 6. Allowing any person to receive benefits or oversee payment related to or because of one's own securities trading; or 7. Transferring or
conflict of interests, oversee dishonest acts or connected transactions of directors and executive, as well as to ensure that executive director has performed duty in accordance with the assigned authority