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
recognized by the SEC and have been listed on the main boards of such exchanges at least for one year, they will be deemed to have been satisfied the criteria comparable to those of the SEC. The revision aims
Securities Company Granted an Exemption from Application for Approval of Person to be Major Shareholder
and its subsidiaries companies: Company Business Relationship with AEONTS AEON Financial Service Co., Ltd. (“AFS”) Finance - Major Shareholder of AEONTS, holding 35.12% of AEONTS’s shares - Shareholder
reasonable because the return on their investment is not satisfied and technology is very important in financial market to complete with new competitors in Cambodia. Besides, AFS is the shareholder, who have
” means any person undertaking business relating to buying or selling gold in Thailand. (3) “Major shareholder” means any holder or beneficial owner of shares in the amount exceeding ten percent of the
derivatives. (2) “Gold business operator” means any person undertaking business relating to buying or selling gold in Thailand. (3) “Major shareholder” means any holder or beneficial owner of shares in the
; the risk of lack of expertise in the restaurant business; the risk of delay in entering into the transaction due to the fact that various conditions precedent must be satisfied; and the risk of not