The Capital Market Supervisory Board passed a resolution approving the amendments to the regulations to clarify the nature of business operation of securities issuing companies or listed companies that may fall under the category of investment company, and to ensure that their operation does not demonstrate the objective of seeking investment returns for investors in a similar manner to operating an investment management business. The amendments aim to prevent the use of the initial public offer...
rules, as the case may be: (1) for appointing or assigning a person to hold the positions under Clause 5, such person shall meet the following criteria: (a) having the qualifications and not possessing
following criteria: (a) having the qualifications and not possessing the prohibited characteristics according to Section 103 of the Securities and Exchange Act B.E. 2535 (1992) or Section 23 of the
assigning a person to hold the positions under Clause 5, such person shall meet the following criteria: (a) having the qualifications and not possessing the prohibited characteristics according to Section 103
business established under Thai or foreign law and possessing all of the following characteristics: (1) having the objective of joint investment among at least two accredited investors; (2) assigning any
established under Thai or foreign law and possessing all of the following characteristics: (1) having the objective of joint investment among at least two accredited investors; (2) assigning any person to be
Selling of Securities in Foreign Country by Securities Company Without Having Possession
meet the following criteria: (a) having the qualifications and not possessing the prohibited characteristics according to Section 103 of the Securities and Exchange Act B.E. 2535 (1992) or Section 23 of
professional principle. “appraisal company in capital market” means a juristic person having normal business purpose to value any asset and wish to contribute appraisal services for capital market transaction