Currently, the SEC regulates three types of bills, namely: 1) bills that are considered as securities, 2) bills that are considered as securities but under the exemption of regulations regarding offer for sale of newly issued debt securities*, and 3) bills that are not securities. To enhance regulatory clarity and consistency with business practices of the private sector, the SEC is proposing to revise the definition of bills that are considered as securities as follows: (1) being bills of ex...
Bangkok, June 22, 2009 ? The SEC urges shareholders of Scandinavian Leasing Plc. (SCAN) to make careful decision and exercise their voting rights on the purchase of Deva Development Plc. (DEVA
Bangkok, June 8, 2012 ? The SEC has received enquiries about details and conditions of subordinated debentures no.1/2012 to be issued by PTT Exploration and Production Plc. from investors obtaining advertisement from Kasikorn Bank Plc., as this issue of debentures contains more complex conditions than general debentures.In case where the debenture issuer exercises its right to early redemption and to defer interest, the debentures? rate of return will be lower than pre-determined interest rates;...
resulted from AM?s increased financial cost. Risk from conflict of interest must also be observed as AM will become GJS indirect major shareholder and will have conflict of interest in decision making on
Bangkok, October 20, 2008 ? The SEC Office sent a written request for relevant information on the SC Asset Corporation Plc. (SC) case to the Office of the Attorney-General after the public prosecutors had decided to drop the case. The information requested will be considered in preparation of the SEC Office?s opinion towards the case which will be submitted to the Director-General of the Department of Special Investigation (DSI). The action is in accordance with the SEC Office?s standard law enf...
operators, DEMCO will face limitation in term of minority protection. IFA indicates that prior to making their decision, DEMCO shareholders should, with due care, take into account and compare benefit to
others and clearly state their own decision on each agenda item in the proxy form to protect their own?s interest