Section 56. A share certificate shall at least contain particulars as follows:
(1) the name of the company;
(2) the registration number of the company and date of registration of the company by the Registrar;
(3) the types, value, and serial numbers of the share certificate, and number of shares;
(4) the name of the shareholders;
(5) the signature of at least one director, signed or printed; but the director may assign the share registrar under the law on securities and securities exchange to sign or print signature on his behalf;
(6) the date of issue of the share certificate.

Section 57. The company may not prescribe any limitations in share transfer, unless such limitations are for the purpose of preserving right and interests lawfully deserved by the company or for the purpose of maintaining the ratio of shareholding between Thais and foreigners.

The promoters may not transfer shares bought under Section 17(3) before the expiration of two years' period from the date of registration of the company, except with approval of the meeting of shareholders.

Section 58. A transfer of shares shall be complete upon endorsement of the share certificate by the transferor by specifying name of the transferee and delivery of the share certificate to the transferee. Such transfer of shares may be used as proof to the company when the company has received an application for registration of the transfer of shares, but may be used as proof to outside persons when the company has registered the transfer of the transfer of shares In this connection, if the company is of the opinion that the transfer of shares is in order the company shall register the transfer of shares within fourteen days from the date of receipt of the application or, if the company finds the transfer of shares incomplete, the company shall notify the applicant according within seven days.

In the case where the transferee wishes to have a new share certificate, he shall make a written request to the company, duly signed by the transferee with at least one witness signing in attestation to the signature of the transferee, and deliver the former share certificate and other evidence back to the company. In this connection, if the company is of the opinion that the transfer of shares is in order, the company shall register the transfer of shares within seven days from the date of receipt of the application and shall issue a new share certificate within one month from the date of receipt of such application.

Section 59. In the case where a shareholder of the company dies or becomes bankrupt, and thereby entitling any person to the shares, if such person produces valid and complete evidence, the company shall register and issue a new share certificate to the person within one month from the date of receipt of complete evidence.

Section 60. During, the period of twenty-one days prior to each meeting of shareholders, the company may suspend registration of share transfer by posting up a notice for information of shareholders in advance at the head office and every branch office for a period not less than fourteen days prior to the date of commencement of share transfer suspension.

Section 61. The company shall keep a register of shareholders containing at least the following particulars:
(1) the names, nationalities, and addresses of the shareholders;
(2) the types, value, serial numbers of certificate and numbers of shares;
(3) the date of registration as shareholder or of termination as shareholders.

Section 62. The company shall keep the register of shareholders and registration supporting evidence at the head office of the company, but the company may assign any person to the duty of keeping the register of shareholders and registration supporting evidence for the company at any place but shall notify the shareholders and the Registrar of such keeper of the register.

In the case where the register of shareholders is lost or defaced or damaged in essence, the company shall report to the Registrar within fourteen days from the date on which it had or should have knowledge of such loss, defacement, or damage and shall prepare or repair the register of shareholders within one month from the date of report.

The register of shareholders shall be presumed correct.

Section 63. Shareholders have rights to examine the particulars in the register of shareholders and the evidence relevant to the registration during the work hours of the keeper of the register of shareholders. For this purpose, the keeper of the register of shareholders may fix the time which shall not be less than two hours a day.

In the case where a shareholder requests a copy of the register of shareholders, in whole or in part, certified correct by the company or requests the company to issue a new share certificate in substitution for the share certificate which is last or defaced or damaged in essence and has paid fees according to the articles of association of the company, the company must comply within fourteen days from the date of receipt of the request.

The share certificate, which is lost or defaced or damaged in essence and for which a new share certificate has been issued in substitution, shall be deemed revoked.

Fees under the articles of association of the company as mentioned in paragraph two must not exceed the rate prescribed by the ministerial regulation.

Section 64. The company shall file a list of shareholders existing on the date of the annual ordinary meeting of shareholders showing items under Section 39 paragraph two to the Registrar within one month from the date of conclusion of the meeting.

Section 65. The Preferential rights to shares already issued may not be changed.

Conversion of preference shares to ordinary shares cannot be done, unless the articles of association provides otherwise. In such case, conversion can be done by the shareholder applying for conversion to the company and returning the share certificate.

Share conversion under paragraph two shall become effective on the date of the application submission. In such case, the company shall issue a new share certificate to the applicant within fourteen days from the date of receipt of the application.

Section 66. The company shall not own or accept a pledge of its own shares.

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