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

securities, which must have liquidity and reliable market price or reference price, are, namely (1) bonds registered with the Thai Bond Market Association and being government bonds or being given

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

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...

and approval of an offering of capital shares for a private placement to Mr. Pisudhi Phihakendr, Mr. Khajohnpong Khamdee, Mr. Phiroon Phihakendr, Mr. Phipat Phihakendr and Mr. Phiboon Phihakendr at