securities business in the category of private fund management. Parties shall be regarded as the juristic entities under the same business group under the first paragraph if: (1) The party that manages funds

management company who manages the mutual fund under its supervision more than five percent of the outstanding shares, including shares held by connected persons of such fund supervisor; (3) Do not have the

Kong domiciled feeder fund investing in a Thai MRF-eligible master fund: · The Thai AMC who manages the Thai domiciled fund shall request the SEC to issue a certificate confirming that the Thai domiciled

operates project-based business such as a real estate development business or a power plant business, clarify the characteristics of each significant project, e.g., the project location, the characteristics

not more than ten percent of the total voting shares of that listed company. If the common shareholder to be allotted the units operates a custodian business and holds shares in its name for the

and in which the person under (6) makes interference with the subscription or allotment of securities of the securities company which manages such mutual fund so that such mutual fund obtains benefits

fifty percent of the total outstanding investment units and in which the person under (1) makes interference with the subscription or allotment of securities of the securities company which manages such

business day in the amount not less than fifteen million Baht and not less than seven percent of the general liabilities except in case of (2) or (3) (2) securities company which also operates as the

such service provider operates business, the intermediary may use the assessment results of the supervisory standards on hedge funds (Principle 28) instead. For the purpose of this Clause: The term

. In the case where a securities trading center arranges to have a clearing and settlement system provided by a securities clearing house which operates under a regulatory sandbox , the securities