shareholders’ equity worth at least 200 million baht or having investment in securities or derivatives at the minimum amount of 40 million baht or in case of including deposits, having investment in such assets

addition, the qualifications of board of directors, executives, major shareholders of the over-the-counter center, clearing house, and securities depository center will be revised to make them in line with

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