Ruenvadee Suwanmongkol, Secretary-General of SEC, remarked: “The enhancement of shareholders’ rights and protections is SEC’s main mission. Scaling up the legal knowledge regarding securities and

, issuance and settlement of securities, and organization of shareholders? meetings, etc., (2) facilitating businesses? access to necessary information under possession of governmental agencies for the benefit

in its Q2 and Q3/2017 financial statements were incomplete and ambiguous, which is likely to affect the rights and interests of shareholders or the decision making on investment. For example, an

regulations, and revision to the regulations governing shareholders’ offering of a limited company’s equity in case of trading crowdfunding equity in the secondary market to be in line with the primary

shareholders’ equity or no more than 70% of total amount offered.   Digital asset exchanges, brokers and dealers must be granted licenses from the minister and their paid-up capital must be no lower than SEC

than four times of shareholders’ equity or no more than 70% of total value of offered tokens. ICO issuers are permitted to receive payment for digital tokens in baht or cryptocurrencies: Bitcoin

; (5) directors, management executives and major shareholders with no prohibited characteristics approved by SEC; (6) no conflicts of interest between other operations and digital asset business with

shareholders’ resolution of approval to issue shares in sufficient support of the exercising of the conversion right before issuance for sale of convertible debentures, etc.  In addition, the SEC has revised the

requested by the shareholders because the request letter did not comply with the company ' s articles of association and the relevant law, (2) details on the number of the company's directors involved in the

shareholders or investment decision-making of investors.Accordingly, by virtue of law the SEC has ordered EARTH to submit the documents related to the increased debts within five business days. Additionally, the