the Securities and Exchange Act B.E. 2535; (b) net profit or not loss from operation during three consecutive years prior to the year of filing the application; (c) any step taken by the
net assets and net liabilities shall not be less than paid-up registered capital in the amount specified in Section 96 of the Securities and Exchange Act B.E. 2535; (b) net profit or not loss from
the accounting periods that the mutual fund have retained earnings or net profit, provided that: 1) The dividend payment must not increase the mutual fund's retained loss in that accounting period. 2
Fees shall be prescribed as follows: (1) Application fee Baht 50,000 (2) Private fund management license Baht 500,000 The licensee shall pay license fee on the date of obtaining the license. [Amended by
of Mutual Fund 17. Dividend payment A mutual fund may pay dividends from its retained earnings or net profits in the accounting periods that the mutual fund have retained earnings or net profit
business license in the category of securities financing Baht 10,000; (2) securities business license in the category of securities financing Baht 10,000. The licensee shall pay the license fee on the date
securities financing Baht 10,000. The licensee shall pay the license fee on the date of receiving the license. [Amended by the Ministerial Regulation No.20 (B.E. 2545) promulgated under the Securities and
) Application fee Baht 50,000 (2) Private fund management license Baht 500,000 The licensee shall pay license fee on the date of obtaining the license. [Amended by the Ministerial Regulation No.23 (B.E. 2545
the SEC’s Notification. Clause 7 Fees shall be prescribed as follows: (1) Application fee Baht 10,000; (2) Inter - dealer brokerage license Baht 100,000 The licensee shall pay fee for securities
unitholders The unitholders are institutional investors with a minimum subscription value of one million baht and management fee at 0.05 % of the NAV. The unitholders are retail investors with a minimum