ADAM dishonestly purchased the whole ordinary shares of Kitha Properties Company Limited (“Kitha”) in 2014 resulting in Kitha becoming a subsidiary of ADAM with an incentive to launder money causing
persons to commit an offense by making ADAM dishonestly purchased the whole ordinary shares of Kitha Properties Company Limited (“Kitha”) in 2014 resulting in Kitha becoming a subsidiary of ADAM with an
(“ADAM”) who colluded and divided duties with other 7 persons to commit an offense by making ADAM dishonestly purchased the whole ordinary shares of Kitha Properties Company Limited (“Kitha”) in 2014
Mr. Sorawit Chansakulporn Mr. Sorawit Chansakulporn, former shareholder of Kitha Properties Company Limited (“Kitha”), aided and abetted former directors of Adamas Incorporation Public Company (“ADAM
date for redemption for another two years, with the total debt exceeding 400 million baht, without being considered an event of default under the terms and conditions of the bonds. (This matter has
make any transaction related to such assets to consider the matter thoroughly and cautiously by taking into account both expected interest and potential risks and impacts. In addition, directors and
activities in relation to this matter actually started with the signing of an MOU designating cooperation with the Office of the National Human Rights Commission (NHRC) on 31 May 2019 and driving operation
information on TSA, please visit: https://www.tfac.or.th/Article/Detail/119155 .) The consultation paper regarding this matter is available at https://www.sec.or.th/EN/Pages/PB_Detail.aspx?SECID=698
exploitation of such information to take advantage of the fund for the benefit of oneself or others. Presently, all companies have already made progress on this matter accordingly.Vasant Thienhom, SEC Deputy