Today (February 23, 2004), the meeting between the Office of the Securities and Exchange Commission (SEC) and the Association of Securities Companies (ASCO) agreed on ASCO?s proposal concerning
Bangkok, March 27, 2012 ? The SEC is seeking public comments on draft revision to regulation governing public offering of holding company. The proposed revision includes relaxation on shareholding proportion in core business from the minimum of 75% of the total number of voting rights to that of 50%, strengthening investor protection by revising rules on holding company?s investment structure to ensure that most of holding company assets be placed in the core business managed and controlled by...
Mrs. Pornanong Budsaratragoon, SEC Secretary-General, received an award plaque on behalf of the SEC, in recognition of the organization’s contribution to the network of support for children under care of the Ministry of Social Development and Human Security (MSDHS). The award was presented by MSDHS Minister, Mr. Varawut Silpa-archa, at the National Children’s Day 2024 event on 13 January 2024 at the Department of Social Development and Welfare Building. On this occasion, the SEC also participate...
On 4 January 2024, MORE sent an invitation to the Extraordinary General Shareholder Meeting No. 1/2567 to the shareholders with the agenda concerning the consideration for approval of a registered capital increase of 1,076.51 million baht (from the existing 358.84 million baht to reach the new amount of 1,435.35 million baht) by issuing additional 21,530,245,323 shares at the price of 0.05 baht per share, to be allocated to the existing shareholders in proportion to their shareholding (right off...
SEC together with FETCO share a common view to enhance FETCO position to “The Capital Market Federation of Thailand” which would have legal status as a “juristic person” like other federations in the economic sector. Thus, FETCO will be able to bring more efficient cooperation with both public and private sectors. Under the proposed law, the structure of the Capital Market Federation of Thailand will be, among other things, as follows:(1) it will be a juristic person under the Securitie...
stakeholders, information and comments from which was used in drawing up a proposal for revision of oversight of auditors and audit firms in Thai capital market, TDRI offered a detailed proposal as follows: (1
, investors will often turn to more formal methods, such as shareholder proposals. They will argue that filing a proposal is a clear way to get management’s attention, if not the board’s, and once investors