New rules to help SMEs raise capital
The Securities and Exchange Commission is in the process of issuing regulations to facilitate capital market funding access for small and medium-sized enterprises (SMEs), aiming to initially allow SME share offerings and convertible debentures without document submission.
The move will reduce unnecessary procedures and costs, and SMEs will be able to offer these securities to institutional investors, venture capitalists or joint venture corporations, as well as directors and employees of these entities, with an unlimited amount for the offering value.
Pathom Sangwongwanich
