guarantee. (2) Where the arrangement with a new guarantor will cause fees to increase by more than 25% of the original rate for the latest guarantee period, the mutual fund management company can make such an
be classified into different classes, provided that the rights and benefits of the same investment units class are reasonably equally determined. (Classifying investment units by asset types is
investing in real estate projects without having to put up a sizable outlay as normally required in a direct investment in real estate. Furthermore, the investment is professionally administered by experts in
infrastructure business to raise funds from investors by offering income-producing projects. The proceeds are capitalized in development of new projects, thereby reducing fiscal burdens and public debts while
established as a juristic person by law in 1975 prior to the establishment of the SEC. The objective of SET is to operate stock exchange business, having powers to issue various rules and regulations. The
by No. 16 No. 18) (Repealed) 3 Application for Separation of Finance and Securities Businesses (amended by No. 12 and No. 19) 5 Application for Additional Securities Business License B.E. 2539