1. Criteria for Private Placement Issuance
2. Company has intention to conduct private placement issuance must follow below requirements:
3. 1. Being public company;
4. 2. Established and run business more than 1 years before submitting the issuing file, except the company previously merged, acquisitioned or changed the form of business​;
5. 3. Board of directors shall include independent director at least 1/3 of total members who are designated by  the general shareholders’ meeting;
6. 4. At least 3 people in the internal audit committee assigned by BOD and 2/3 must be independent members and at least one of the committee members must have accounting or financial background;
7. 5. Having a plan for offering and use of capital received from the offering which approved by general shareholder’s meeting;
8. 6. While doing filing, the company must submit last year audited financial statements;
9. 7. Having financial soundness such as stable financial position, profitability and no overdue loans;
10. 8. The certificate of preparedness for private placement from securities firm (finance advisor) with the name list of financial advisors​​;
11. 9. Complete the private placement plan, business plan and at least 3 years future projected financial cash flow since the private placement completion and must be approved by BOD;
12. 10. The shares from private placement cannot be traded  within 6 months since the completion date;
13. 11. Other criteria and conditions as stipulated by the LSCO.

Application documents for private placement

1. The required documents related to private placement conducting are as follow:
2. 1. An application form of IPO as defined by the Office;
3. 2. A certified copy of the company’s business registration certificate;

3. A certified copy of the company’s tax registration certificate;

4. A copy of company’s regulation;.

5. Resolutions of the General Shareholder’s Meeting approving the plan for private placement and use of capital received from the private placement;

6. The list of principal shareholders who hold a company’s share from 1% of total shares;

7. The company’s charter; the curriculum vitae of members of the Board of Directors;

8. The certificate of preparedness for offering from securities company​​;

9. Last year audited Financial statements by an approved external auditing company along with submitting the private placement application to the LSCO;

10. Plan for private placement offering and 3 years future business plan and financial forecasting;

11. The prospectus;

12. Contract with underwriter;

13. Other documents as specified by the LSCO.

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