+66 2 933 9000 bkk@panwa.co.th

Would it be possible for Preferred Share Set-Up and also the Share Transfer Agreement as security documents for the company we are wanting to register? 

Panwa: To set up Preferred Shares and its voting right such as “Thai hold preferred shares by declaring the voting right as 10 shares for 1 vote” meanwhile Foreigner hold common shares by declaring the voting right as 1 share for 1 vote, so by issuance of the Preferred Shares can help foreign shareholders to control the company through voting right and of course can handle the company like appoint themselves to be signatory director.

For “Share Transfer Agreement”, ti’s not really prevent for ownership disputation in future but it’s just to help for step of transferring of shares easier.