Section 105 Securities and Exchange Act B.E. 2535 Section 105. A securities company shall prepare its accounts stating true and accurate business operation and financial condition, which must conform

shall have the following statements: (a) a warning stating that “the past performance of ( specify the name of the fund ) is not indicative of future performance.” The warning and the fund’s past

electronic media. The presentation of such information shall not be more prominent than other information in the advertisement, and shall have the following statements: (a) a warning stating that “the past

appraisal report on the infrastructure asset that the fund will invest prepared in accordance with Clause 12; (c) the document stating the opinions of the management company and the financial advisor on the

expressing any caution in the same manner of mostly other statements or information in the advertisement . Division 2 Sale promotion _____________________________ Clause 48 An intermediary may arrange sale

(UNOFFICIAL TRANSLATION) Codified up to No.9 As of 20 February 2017 Readers should be aware that only the original Thai text has legal force and that this English translation is strictly for reference. 14 Notification of the Capital Market Supervisory Board No. TorThor. 35/2556 Re: Standard Conduct of Business, Management Arrangement, Operating Systems, and Providing Services to Clients of Securities Companies and Derivatives Intermediaries _____________________________ By virtue of Section 16/6...