Bangkok, July 7, 2015 ? The SEC is revising rules on private placement (PP) of newly issued shares to protect existing shareholders and prevent the exploitation of this means for the benefits of any
Bangkok, March 25, 2015 ? Equity private placement deals of listed companies have been significantly increased recently while the existing rules do not cover certain circumstances that might be
Bangkok, June 5, 2015 ? SEC Secretary-General talked strategy and vision, emphasizing on understanding business and improvement of ecosystem where regulations are practical and developed from the
Mrs. Pornanong Budsaratragoon, Secretary-General of the Securities and Exchange Commission (SEC), delivered the opening remarks at an annual seminar titled, “Understanding the Thai Capital Market
and authorized director Mr. Arak Ratborihan on account of offering for sale of newly issued shares for a private placement without obtaining a prior approval from the SEC.According to the SEC's further
Bangkok, April 20, 2016 ? The SEC is urging the shareholders of Eastern Commercial Leasing Public Company Limited (ECL) to thoroughly study the company?s proposed private placement to increase
Earlier, the Capital Market Supervisory Board passed a resolution approving the amended regulations for newly issued share offering of listed companies through private placement. Essentially, the
The existing regulations for newly issued share offering through PP require that listed companies submit an application for approval to the SEC and disclose material information related to the offering in the shareholders’ meeting notice for the benefit of investors’ decision making. The main purpose is to enhance protection for the existing shareholders and prevent offering of benefits to any particular person to reduce inappropriate PP offering. The SEC is proposing to amend the PP offering r...