Securities and Exchange Commission (SEC) is proposing amendment to the takeover regulations. The existing regulations require that people who make a tender offer for all securities of the business and related persons must submit hardcopy documents and also online documents through electronic system, which might cause burden on the private sector and it does not go accordingly with the technological change. SEC then proposes to amend processes related to the takeover regulations such as ca...
"This year is another year that the ASEAN CG Scorecard has developed important criteria in line with international CG trends. There is also a revised guideline for assessing, weight change by category and item which all affect the scores. Therefore, it is gratifying that Thai listed companies are still able to maintain their leadership in the ASEAN region." said Mr. Prasan Chuaphanich, Chairman, Thai Institute of Directors.In addition, awards were given to the top 50 listed companies wit...
The SEC Board has approved the principles for amending the regulations concerning ICO portals to allow the outsourcing of all system operations related to ICO portals, including certain due diligence
The evaluation of the legal effectiveness of the Emergency Decree is due under the Act on Legislative Drafting and Evaluation of Law B.E. 2562 (2019) (“the 2019 Act”), which requires that government agencies evaluate the effectiveness of a law at least every five years from the effective date of the law or every other periods as specified in the governing ministerial regulations or upon occurrence of other cases as specified in the 2019 Act.The SEC is therefore conducting this public hearing on...
or cancel interest payments or other compensations or establish write-off criteria, etc., and excluding NC bond from the plain vanilla category; and (3) Revising the process for amending the use of
Earlier, SEC conducted a public hearing on the principle of understanding investment in leasehold funds and funds with revenue sharing agreements and the fund/trust disclosure of investment return. Most of the respondents expressed agreement with the principle proposed.Therefore, SEC has drafted a notification requiring asset management companies and trust managers which make a projection of investment returns must disclose the internal rate of return (IRR) to give investors information a...