approval from the SEC before proceeding in order for the SEC’s efficient monitoring of digital asset business operations; (4) Improvement of Service Standards: Prohibiting digital asset business
accounting, legal and tax areas of the target investee company and the potential dilution effect.* The IFA thus advises against the approval of the proposed capital increase. MORE will propose the capital
deposits for shares of those two companies and advised against the approval of the proposed transactions.As for the acquisition of HPS shares through OTO’s investment, another IFA is of the view that the
of the Securities and Exchange Commission No. Kor Jor. 12/2567 Re: Rules, Conditions and Procedures for Granting Approval of Initial Coin Offering Portals (No. 11): (https://publish.sec.or.th/nrs
measures must be clearly outlined in the ICO filing. Additionally, specific significant matters require approval from the issuer's board of directors. This is to ensure that the board is committed and
required net capital level can be maintained and the SEC Office’s approval for business resumption is obtained; (2) Inform clients in writing about the business suspension without delay (3) Do or
practices within the DA industry. On 15 August 2023, the SEC Board Meeting No. 13/2566 gave its initial approval to the proposed amendments. The proposed amendments contain the following essences: (1
with the SEC regulations before activating those other businesses. The second category is for higher significance whereby business operators must obtain approval in advance from the Capital Market
seek for the approval. Crowdfunding portals must be established with an efficient IT system in accordance with SEC’s rules and guidelines associated with establishment of IT system***, aiming to
approval granted for updating of the procedural guidelines of Association of Thai Securities Companies will enable more convenience and flexibility for investors in making their investment.”Currently SEC