Bangkok, April 10, 2014 ? The SEC is seeking public comment on relaxing a unit holding limit where any person or group of persons is allowed to hold not exceeding one-third of all units in a mutual fund ("One-Third Rule"). As there is no such One-Third Rule in other ASEAN countries, the proposed revision aims to facilitate Thai investment management companies by exempting the said Rule from unit holding of mutual funds set up by Thai investment management companies under the ASEAN Collective Inv...
Bangkok, May 29, 2014 ? The SEC is seeking public comment on 2 draft notifications to facilitate offering of mutual funds set up by Thai investment management companies under the ASEAN Collective Investment Schemes (Thai ASEAN CIS). To begin with, the first one provides an exemption of unit holding limit up to one-third of all units sold (the One-Third Rule) for Thai ASEAN CIS in the portion offered to non-Thai nationals and omnibus account in other ASEAN countries to non-Thai nationals and omni...
Bangkok, May 29, 2014 ? The SEC is seeking public comment on 2 draft notifications to facilitate offering of mutual funds set up by Thai investment management companies under the ASEAN Collective Investment Schemes (Thai ASEAN CIS). To begin with, the first one provides an exemption of unit holding limit up to one-third of all units sold (the One-Third Rule) for Thai ASEAN CIS in the portion offered to non-Thai nationals and omnibus account in other ASEAN countries to non-Thai nationals and omni...
major shareholder of 48.85 percent of the total BSEC shares, which would cause the structure of the BSEC major shareholders to change, and consequently OSKIB would have to make a tender offer of the rest
for his remaining approved status. The rest of suspension period was instead set as the period for acceptance of his re-application for approval as capital market personnel. The SEC's order has been in
market. The rest can invest in other assets investible by debt securities funds and investment in distressed bonds is prohibited; (5) Concentration in corporate bonds of any issuing company must not
investors**. The investment portion of the distressed bond fund would consist of distressed bonds accounting for at least 60 percent of the total net asset value (NAV), while the rest may invest in other
months. Owing to the fact that {A}'s approved securities investment consultant status only lasts until December 31, 2014, his approved status was suspended until that date while the rest of suspension
market investment consultant for 6 months. As {A}'s approved capital market investment consultant status only lasts until December 31, 2014, his approved status was suspended until that date while the rest
fund governance and PVD management via facsimile 0-2263-6333 or email: sumitra@sec.or.th.The hearing on securities business supervision is running until 18 April 2016, and the rest until 21 April 2016.?