servicing clients who want to reclaim their assets and will lay off all employees,SEC found out that clients’ digital assets which remained under control or in possession of BX were transferred thereafter
Earlier, RS disclosed the resolution of the board of directors and information related to the company’s transactions such as the disposals of a subsidiary and a business unit of another subsidiary to GIFT by accepting returns in cash and newly issued shares of GIFT. Additionally, RS will acquire existing GIFT shares from its related parties, i.e., a major shareholder by the name of Mr. Surachai Chetchotisak and a company related to him. Consequently, RS will hold 49.99 percent of GIFT shares and...
, a clarification is required regarding the necessity and reasonableness of the investments in RS's subsidiaries and assets with high cost while the valuation may not align with past financial
Currently, there are no licensing regulation for digital asset custodial wallet providers in Thailand. Thus, a digital asset business operator who performs safekeeping of clients’ digital assets
investor protection in this regard, the SEC has set up a special investor support team to ensure assistance and advice on withdrawal, receipt of returned assets or transfer of digital assets. The 24-hour
24,087m Current assets and THB 43,594m Non-current assets. Total liabilities stood at THB 40,085m while the net gearing ratio stood at 0.77x, significantly lower than the Company’s covenant. Additionally
THB 42,629m Non-current assets. Total liabilities stood at THB 44,939m while interest bearing debt was THB 31,925m while the net gearing ratio stood at 1.61x, significantly lower than the Company’s
assets. Total liabilities stood at THB 42,533m while interest bearing debt was THB 29,466m. A decrease of gearing ratio from 1.53x to 1.44x and a decline of net gearing ratio from 1.35x to 1.28x were as a
hospitality business, which was consistent with incremental revenue. Administrative Expenses Administrative expenses mainly comprise of back office personnel expenses, depreciation on assets under hospitality