Publication
Australia’s new mandatory merger control regime
Mergers or acquisitions that meet certain turnover thresholds will shortly be required to be notified to the ACCC.
Key Changes to Private Company Limited Law in Thailand
Thailand | Publication | February 2023
From 7th February 2023, the Amendment to the Thai Civil and Commercial Code (Amendment) is effective. The following is a summary of the key amendments:
- Minimum number of promoters: The requirement for the number of promoters for incorporating a company has been decreased from three (3) to only two (2).
- Shareholder's Meeting Notice: Publication of a notice for convening a shareholder's meeting is no longer required, except in the case of a bearer share certificate.
- Dividend Payment: A company must pay its dividend within one month of the date that the shareholder's meeting has resolved such payment.
- New concept of Merger: A new concept of a merger, where one company continues to exist while the other company ceases, has been introduced in addition to the existing concept of amalgamation, where the two merging entities will cease and a new entity will exist.
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Financial services monthly wrap-up: March 2025
March 2025 was a busy month in the financial services space with the release of the draft bill on the second tranche of the ‘Delivering Better Financial Outcomes’ reform concerning advice provided through superannuation and client advice records.
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