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...
Bangkok, December 16, 2008 ? At the request of Natural Park Public Co., Ltd. (N-Park), the SEC granted the company an exemption from having its Q2/2008 financial statements adjusted after the company
According to TMB’s report, a Limited Broker Dealer and Underwriter (LBDU) licensee, Sarunya, an investment consultant for Complex Instruments Type 2, committed an offense and later OIC ordered a revocation of her license as a life insurance broker and agent on account of performing duties dishonestly when she failed to forward premium money of 1 million baht she had received from a client to the insurance company in charge. SEC has considered that Sarunya, whose license as life insurance...
by seeking wrongful benefits or embezzling IEC?s assets for himself or other persons. He made IEC enter into a contract with a computer company believed to be a related entity, resulting in IEC having
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
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