offering of securities, the issuer will need to comply with applicable regulatory requirements under the SEC Thailand’s purview. The SEC realizes that ICO may not fit neatly with current regulatory framework

operate business efficiently, responsibly and in compliance with applicable laws and regulations, including relevant standards of business operation. In considering appropriateness and sufficiency as

be widely communicated to the relevant personnel of the intermediary in an easily accessible manner in order for such personnel to understand and be able to comply with such policy correctly; (2

shall be widely communicated to the relevant personnel of the intermediary in an easily accessible manner in order for such personnel to understand and be able to comply with such policy correctly; (2

offerings or determination of conversion price with discount (lower than market price) that have been applicable to domestic offerings of newly issued shares, share warrants and convertible debentures will

Bangkok, September 24, 2014 ? Vorapol Socatiyanurak, SEC Secretary-General revealed that the Capital Market Supervisory Board has approved revision of rules applicable to securities companies facing

expenses reasonably incurred from such visit. In this regard, the SEC Office may clearly set a criterion for such expenses. The provision under Paragraph 1 is not applicable to the visit to the place of

if the SEC Office deems that such persons have already been punished appropriately. The provision under the first paragraph shall not be applicable to the case that Stock Exchange or the derivatives

detailed information relating to the issuing company of the securities and the conditions of securities, including the suitability for investment and the relevant risk exposure. The effectiveness of this

other relevant notifications, ministerial regulations, rules, regulations and laws as applicable at the time of issuance and offering for sale of the debentures. In this regard, the debentures may be