The criminal complaint has been made in furtherance of the criminal complaint by the SEC against the former directors and executives of K.C. Property Public Company Limited (KC) and others for jointly committing with dishonest intent by authorizing KC to issue bills of exchange (B/E) for sale to a mutual fund of Solaris Asset Management Co., Ltd. which caused the misappropriation of an amount of 430 million baht. As a consequence, KC was in default on the payment of 350 million baht on tho...
Following the announcement of BX (which formerly operated in digital asset exchange business) that its business operations will completely shut down on 3 April 2020 which means it will stop servicing clients who want to reclaim their assets and will lay off all employees,SEC found out that clients’ digital assets which remained under control or in possession of BX were transferred thereafter to other out-of-control wallets without client’ instructions. That actions incurred losses to other...
The allegation is a consequence of various complaints lodged to the SEC in relation to the increased debt of THB 26,000 million of EARTH following its submission of the financial statement for the first quarter of 2017. The increased debt resulted in a decrease of the shareholders’ equity of THB 10,349 million to become minus THB 15,651 million. In addition, in July 2017 the Board of Directors had resolved to approve that EARTH underwent a business rehabilitation process. The SEC, the...
Engineering Public Company Limited (IEC)'s accounting records to be inaccurate and inconsistent with the facts. In arranging for falsification of the IEC financial statements; Bhusana and Mr. Chanchai made
authorized the Chairman to final the relevant details, documentations, and/or actions for Over-allotment Agreement and/or CCPT-KY IPO Plan as deem appropriate. The IPO Plan and the Optional Shares will dilute
to final the relevant details, documentations, and/or actions for Overallotment Agreement and/or CCPT-KY Plan as deem appropriate. The IPO Plan and the Optional Shares will dilute the Company’s
arranging and keeping information, documents and evidentiary documentations relating to the intermediary ’s business. In this regard, such system shall serve accurately and thoroughly, including verification
; (11) having efficient information technology system; (12) having system for arranging and keeping information, documents and evidentiary documentations relating to the intermediary ’s business. In this
efficient information technology system; (12) having system for arranging and keeping information, documents and evidentiary documentations relating to the intermediary’s business. In this regard, such system