(ESOP) is a tool to create motivation for personnel of the company to work effectively to promote the growth of the company by providing opportunity for directors and employee to take part in the
integrity. The SEC also oversees regulatory compliance and enforces the governing laws to ensure that the capital market will be developed toward sustainable growth and generate positive impacts on the
. 2. Proportion of IPO shares being allocated Sponsors: not more than 15 percent of the total number of IPO shares may be allocated to sponsors RP and staff of the company and subsidiary: n ot more
financial institution established under other laws; (2) have another securities company held its shares in the amount equal to or exceeding ninety-nine percent of the total paid-up registered capital on the
public attorney or court. Qualifications of an independent director Holding no more than one percent of the total voting shares. Not being an executive director involved in the management of the
SEC’s Notification; (2) 1 have the following shareholder or shareholders held its shares not less than fifty percent of total shares sold: (a) commercial bank under law on commercial banking; (b
with the offering price lower than 90 percent of the market price, to a specific investor or group of investors whether in private or public. Calculations of the offering price Shares
shares in the amount equal to or exceeding ninety-nine percent of the total paid-up registered capital on the date on which the Securities and Exchange Act B.E. 2535 comes into force ; (3) hold shares of
fund management under this Ministerial Regulation whose shares are held by any legal entity under Sub-clause (1) to (5) in aggregate amount of not less than fifty percent of total shares sold. Clause 3
, either directly or indirectly, more than fifty percent of the total sold shares or the total partnerships; (2) A private fund or unitholders of the persons in (1). 3. Procedure to comply with the