SEC has regulated regarding the method of Know Your Client (“KYC”) for securities and derivatives business operators through the use of principle-based regulations due to the fact that business
. The current rules require both the issuers as well as all affiliates that engage in the main business of a group of companies to meet the qualifications and disclose information in the Filing Form
GSC had applied the proceeds from the offer of sale of ordinary shares to the public (IPO) and its revolving capital in a loan to ACAP, its major shareholder (64%) for a short term at the interest
Shareholders of IFEC are encouraged to attend the extraordinary general meeting No.1/2018 and vote for new directors to fill seven vacancies. It is extremely important for IFEC to have an adequate
SEC studied regulations in other countries to find proper guidelines for supervision, focusing on standardized services and putting investors first. The matter is still under the discussion with
The SEC recommends that EVER shareholders carefully review relevant information and cast their vote at the AGM on 26 April 2024 regarding EVER’s plan to purchase land together with buildings
for the approval of the warrants and the underlying shares. The failure to disclose such information resulted in non-compliance with the said Notification. Since the meeting notice may have incomplete
failure to perform duties or give services with loyalty, responsibility and deliberation as a professional in contravention to the Notification of the Capital Market Supervisory Board.* SEC has therefore
inaccurate and false preparation of such records. The misconduct of the executives and their associates above is liable to legal offences as follows: The persons in (1) and (2) are liable to failure to