"Assumption" During The Minister of Finance expressed his position as plaintiff. Decision of the Court suspended the SISB on the stock markets

Mr. Jitti Krairiksh, Secretary General of the Democratic Party Tell the law team and the experts after yesterday. The lawsuit filed by the administrative court to suspend the raising of funds from private schools on the Thai Stock Exchange was announced today. Call Dr. Thirakiat. Charn Setthasil Minister of Education I think the same position or alignment in the examination and consideration of the law, as well as governance. He asked the Minister of Education. The plaintiff brought a lawsuit to suspend the transaction for the benefit of the population and to allow low-income children to send their children to school. Reduce disparities in educational opportunities.

"I invite the Minister. As an applicant, put an end to the disparity of educational opportunities." To be more serious, I am ready to bring you the document so that you sign the ministry to become a complainant before December 6. I hope my ideology will agree to plead, "said Chit.

Mr. Advent said. On the afternoon of November 28, 2061, the lawyer filed a complaint with the Administrative Court to ask the SEC to suspend the sale of the shares of SISB Public Company Limited, a licensee Singapore International School, for public offer. A total of 260 million shares of SISB at a price of 5.20 Baht per share against a par value of 0.50 Baht per share on November 29, 2011.

In the content of the indictment it is as important as that. Private business schools have the privilege of being exempt from income tax and taxes, which provide taxpayers with aid to education provided by the public sector. The state also has the power to regulate private schools so that they affect profits to the redevelopment of their own schools if the purpose of the school is to maximize financial returns for shareholders through of the stock market. The privilege is exempt from tax. This is a social benefit that should not be allowed in Thailand.

The order of the SEC to sell shares of the SISB on the real estate market may be contrary to state policy in the development of constitutional education, which is the master law. This can also be contrary to other laws, such as the National Education Act. Private Schools Act Notification of the Capital Market Supervisory Board The application for authorization and authorization to offer new shares, including the Securities and Exchange Act, will in this case be the point starting profit of companies in the education sector. Be a risk. National turning point The negative impact on the development of Thai youth.

By the way. The court informed the prosecutor, Mr. Jitti Krairiksh, and sent a letter of appointment to the SEC for investigation on the day of the hearing of December 7, 2011.

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