PP – SME

PP or Private Placement is a new opportunity for Limited Company / SME / STARTUP to raise fund in capital market of Thailand, in the form of Equity or Convertible Debenture (“CD”), regulated by SEC

PP-SME is different from IPO, as IPO is offered to Public however PP-SME is offered to Private Placement or specific investor(s). Therefore, limited company is allowed to raise fund in capital market by this regulation which is less restriction compared to IPO i.e., the company only have to prepare Factsheet instead of usual Filing, and responsibility to report to SEC the result of security sale as well as the CD conversion, FA and Certified Public Accountant are also not required. However, there are some regulations to protect the Investor.

Source: SEC