Interest of Financial Institutions shall hold at least seventy-five percent of the total shares sold; and (2) the Ministry of Finance shall hold at least ten percent of the total shares sold. Clause 2 This

broker as follows; (a) A securities company that holds not less than seventy-five percent of total sold shares of such derivatives broker; (b) A securities company having a commercial bank holds not less

Thailand; (21) juristic person in the category of statutory corporation; (22) juristic person whose shares are held by the investors under (1) to (21), in aggregate, exceeding seventy-five percent of the

shares issued by a company having all of the following characteristics: 1. investing in the assets under (a) (b) (c) or (d) collectively not less than seventy five percent of the company’s total asset

seventy-five percent of the total sold shares of certain company, whereby such company obtains a permission from the SEC to undertake business in the category of back office service as specified in Section

capital investment in the amount of one hundred million baht or more; (n) a juristic person whose shareholders are the persons under (a) to (m) collectively holding shares in the amount exceeding seventy

Thailand, or a limited company or a public limited company established by the Stock Exchange of Thailand which holds its shares not less than seventy-five percent of the total issued shares; (4) support

million Baht; (14) a juristic person whose shares holders are the persons under (1) to (13) collectively hold the shares in an amount exceeding seventy-five per cent of the shares with voting right; (15) a

two hundred and seventy days as from the date on which hybrid securities have been issued. In addition, such hybrid securities shall have one of the following characteristics: (a) hybrid securities

Section 8 shall be vacated upon: (1) death; (2) resignation; (3) reaching the age of seventy years; (4) having the prohibited characteristics as provided in Section 9; (5) termination by the Cabinet’s