Seamico Securities Plc, as a fully licensed Thai Broker, is regulated by the Stock Exchange of Thailand, its brokerage commission offered at minimum rate of 0.25% on trading value for all regular orders and at the minimum rate of 0.21% [adjusted on October 16, 2003] on trading value for internet trading orders as per the Notification of the Stock Exchange of Thailand, Ref. No. Kor Tor (Wor) 8/2545 dated January 11, 2002 with effective on January 14, 2002. All this, the whole brokerage commission amount will subject to add 7% VAT respectively.

• Your capital gain is not subject to tax in Thailand.
• Dividend income is subject to 10% withholding tax at source.
• The Interest income on cash balance remaining in Online Trading Accounts is subject to withhold tax at the rate as regulated by Revenue Department, Currently at 15% for individual.

• Rights
  Clients should be aware of the restrictions on foreign ownership of Thai companies. Foreign shareholding limits apply to every stock listed on the Stock Exchange of Thailand. Most listed companies limit foreign ownership to maximum of 49%, except those in the banking and finance sector which generally permits only a 25% foreign holding.
  
  To ensure you are entitled to receive dividends and right issues, clients are advised to hold stock registered according to their ' Residential Status ' Foreigner should hold " Foreign Registered Stocks " whereas Thai should hold " Local Registered Stocks " However, in order to protect any benefits received by Foreigner who hold of Local Registered Stocks. Clients are advised to hold NVDR (Non-voting Depository Receipt), a new instrument, which protect for the Right Issues and Dividend, except the Right of Voting.
  
  Please note that foreign shares of some stocks might not be available due to the lack of liquidity. Clients have the option to buy local shares and later inform the company to convert them to foreign shares. Conversion can be completed only when the foreign shareholding is available.
  
  Depending on liquidity, clients holding foreign shares have the option to sell in the local board, after such shares are converted from foreign to local. Conversion from foreign to local can be completed within one working day after notification. The conversion fee is Bht. 50.00 per application for each company. For more information on share conversion, please contact your Marketing Officer.
  
  When Seamico is acting as a custodian, we will inform the securities registra, the Thailand Securities Depository Company Limited (TSD), the identities of shareholders as at the book closing date. Consequently, clients will be entitled to receive the following :-

  
  
  • " Right Issue " please click for information
  • " Dividend Distribution " please click for information
  • " Right of Voting "
  • " Other Rights "