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

considered: 1. Financial statements shall be prepared in accordance with the financial reporting standards that are acceptable to lead regulator and there shall be no expression of opinion that the auditor's

is prepared by Legal Department with the sole purpose of  facilitating the comprehension of foreign participants in the SEC’s rules and regulations and shall not in any event be construed or

regulations. To enable stakeholders to realize what they can expect from the  work of the SEC and to benefit from utilizing capital market with confidence, we have prepared a Statement of Intent ​ , declaring

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

for an approval. The following qualifications will be considered: 1. Financial statements shall be prepared in accordance with the financial reporting standards that are acceptable to lead regulator and

Thailand.       Given on the date of 1st December B.E. 2538   Surakiet Sathienthai Finance Minister​ ____________________________________     This English version is prepared by Legal Department with the

​ ________________________________    This English version is prepared by Legal Department with the sole purpose of facilitating the comprehension of foreign participants in the SEC’s rules and regulations and shall not in any event