The notification of the Ministry of Finance regarding prescription of conditions for securities company to apply for approval of person to be major shareholder defines the “Major Shareholder” as
SEC had proposed, in principle, to amend the definition of major shareholder of the securities companies which at present is determined based on the “number of voting shares” to the “number of
According to a client’s complaint and the SEC’s further investigation, it was found that during December 2007 – September 2012, executed securities trading orders for the client who acknowledged such orders, paid the subscription money and accepted redemption money without making any objection. The total accumulated trading value was more than 800 million baht. The misconduct above led to the consideration that {A} failed to perform his duties responsibly with professional due care when he acc...
According to a referral from MBKET and SEC’s further inspection, during May 2016 – December 2018, {A} executed trading orders of securities and derivatives for a client in the following manners: (1) using her personal mobile phone, together with the username and the password she had created, to execute trading transactions via the Internet, and (2) making trading orders via MBKET’s trading execution program. She also transferred her own money into the client’s trading account as a collater...
Securities Company Granted an Exemption from Application for Approval of Person to be Major Shareholder
trade of natural gas. In accepting the said right, the Company or its subsidiary shall purchase the entire shares of Hemaraj in Gulf WHA MT Natural Gas Distribution Co., Ltd. (“Gulf WHA MT”), a joint
GIFT by accepting returns in cash and newly issued shares of GIFT. Additionally, RS will acquire existing GIFT shares from its related parties, i.e., a major shareholder by the name of Mr. Surachai
shareholding structure from a major shareholder restructuring. The Board of Directors Consider that. Changes to this investment payment method. The information of the acquisition of assets of the Company has not
.......................................................................... 5 Key Findings .................................................................... 11 Commitment and Enforcement ................................ 11 Shareholder Rights
pursue with the VTO, AWN must enter into the transaction with connected persons, i.e., (1) DTV which is a subsidiary of THCOM (as the Company and THCOM share the same major shareholder, it shall be deemed