Archive for September 2011 | Monthly archive page

In March 2011, the Stock Exchange of Thailand improved its regulations in regard to the increase in capital for listed companies by allowing these companies to increase capital through a general mandate. A listed company normally is required to seek authorization from a shareholders’ meeting every time the company wishes to increase its capital. Through a General Mandate, however, a listed company will be able to request permission from the shareholders’ meeting in advance, in accordance to the number of increased shares and type of allocation of the shares (e.g. right offering, public offering, private placement), to authorize the board of directors of the company to consider and manage the shares appropriately when the company requires immediate capital. → Read more