Bangkok, November 5, 2007 ? The SEC today ordered Pacific Assets Public Company Limited (PA) to provide additional information related to the company?s investment in the Chedi Phuket Project after the company had incompletely disclosed material information in its financial statements for the second quarter of 2007 and through the information distribution system of the Stock Exchange (ELCID). The total investment of 282 million baht presented at cost without any provision consists of the fol...
Bangkok, November 16, 2011 ? The Capital Market Supervisory Board has approved a disclosure rule requiring issuers of all types of securities for public offering present a clear and concise factsheet of the key characteristics and associated risks to investors as well as attach the factsheet to the registration statement and the prospectus. The factsheet must be in the SEC approved format and contain information on the securities to be offered, particularly its special characteristics and risks...
In response to Mr. Kobsak Sabhavasu?s complaint, the SEC requires Thai Airways International PLC ("THAI") to reveal to investors information on bidding for construction of its activities at the
Bangkok, October 7, 2009 ? SEC has now required that asset management companies and securities firms with Limited Brokerage, Dealing and Underwriting (LBDU) license disclose more clearly foreign exchange risk involved and risk management policies of the funds under their management which allocate at least 20 percent of net asset value to offshore investment. The new guideline is aimed to provide investors with adequate and apparent information about forex risk which may significantly impact th...
Bangkok, February 1, 2013 ? The SEC, in cooperation with the Association of Thai Securities Companies (ASCO), has urged securities companies to strengthen their Know-Your-Customer/Customer Due Diligence (KYC/CDD) and credit line review practices, particularly for those clients who have traded securities under cash balance rule or inappropriately transferred their securities to raise credit limits. In addition, the SEC has recommended the ASCO to revise its KYC/CDD guidelines as well as propose t...
Bangkok, February 19, 2013 ? The SEC has reiterated securities companies to instruct investment consultants to give securities trading advice based primarily on fundamental factors of securities, particularly during the current escalating trading of securities with a high P/E ratio and under cash balance rule. SEC Secretary-General Vorapol Socatiyanurak said: ?The SEC has urged securities companies to carefully supervise their investment consultants to provide investment advice to their clients...
Bangkok, March 27, 2013 ? The SEC has reiterated securities companies to instruct investment consultants to give securities trading advice based primarily on fundamental factors of securities, particularly during the current escalating trading of securities with a high P/E ratio and under cash balance rule. SEC Secretary-General Vorapol Socatiyanurak said: ?The SEC has urged securities companies to carefully supervise their investment consultants to provide investment advice to their clients bas...
obligation is performed by trust managers. However, trusts are listed securities on the Stock Exchange of Thailand; SEC therefore requires them to disclose information in the same way as securities issuing