The SEC, under the authority of the SEC Act, is responsible for
approving the offering of securities to the public or any person and for
supervising the Stock Exchange of Thailand (SET). Only the shares of
public limited companies may be offered publicly and traded on the
SET. Public limited companies may also issue debentures and other
forms of securities to the public.
5.2 Partnerships
A partnership is a form of business organization in which two or more
parties join for a common business purpose and share the profits.
Partnerships may be ordinary or limited.