independence from the profession in the same way as specified by IOSCO. To support competitiveness of Thai listed companies and improvement of financial statements to conform to the international standards, the
capital which have additional conditions that a write-down/ a write-off may be performed after the capital decrease and in the proportion that is not more than the capital decrease or instruments that have
fund of funds (FoFs) with investments in the underlying fund ≥ 5% of the underlying fund NAV. Where the NAV of the underlying funds on any days or in five consecutive business days decrease more than two
/ a write-off may be performed after the capital decrease and in the proportion that is not more than the capital decrease or instruments that have been converted. [2] Only subordinated instruments
improvement to meet international standards in all areas. It is undeniable that to achieve sustainable growth, the capital market and involved parties must take into account benefits and impacts of its
activities that indirectly contribute to improvement in the public health and welfare, environment conditions, safety of public lives and assets. 4. The name of fund shall begin with “Infrastructure Fund