Section 100 states that the combined shares held by retail shareholders must reach 10% of total shares to set up a shareholders' meeting. Mechanisms to help retail shareholders set up extraordinary shareholders' meetings are already in place, according to the Stock Exchange of Thailand (SET). Retail shareholders' meetingInvestors hold placards in front of the SEC office, demanding an IFEC shareholders' meeting. "If they had access to a lawyer, they could file a securities class-action lawsuit in accordance with the Public Limited Act of 1992, which was amended last year." Most business people and investors who are older than 30 may have heard about securities class-action litigation if they remember Enron Corporation, the lawyer said.

Source: Bangkok Post September 12, 2018 23:27 UTC