New PP Criteria for LiVEx Companies Raising Under 10 Million

Thansettakij•Economy•17d ago

Reader Briefing

The Securities and Exchange Commission is seeking public opinion on draft regulations regarding Private Placements for LiVEx companies.

•The Securities and Exchange Commission is opening a public hearing on draft regulations.
•The regulations concern the offering of new shares and convertible debentures via Private Placement (PP).
•LiVEx companies raising less than 10 million may be exempt from filing.

Overview

•The Securities and Exchange Commission is opening for public comment on draft announcements.
•The draft announcements concern the offering of new shares and convertible debentures.
•These offerings are directed toward limited persons, known as Private Placement or PP.
•LiVEx companies raising funds under 10 million are being considered for exemption from filing.

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Key Entities

Organization

Securities and Exchange Commission(สำนักงานคณะกรรมการกำกับหลักทรัพย์และตลาดหลักทรัพย์)ℹ️

The body opening public hearings on draft announcements regarding Private Placement offerings.

LiVExℹ️

The market where companies raising under 10 million may be exempt from filing under the new PP criteria.

Policy

Private Placement (PP) of new shares and convertible debentures(การเสนอขายหุ้นและหุ้นกู้แปลงสภาพที่ออกใหม่ต่อบุคคลในวงจำกัด (Private Placement หรือ PP))

The subject of the draft announcement being reviewed by the Securities and Exchange Commission.