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
clients’ assets, follow the current regulations on holding shareholders’ equity as the capital requirement.SEC disseminates the public hearing document on this issue at SEC website: www.sec.or.th/hearing
Nowadays, asset management companies are required to separate investors’ asset from the companies’ ones and introduce measures to protect investors’ assets for other benefits. Asset management
–denominated bonds in Thailand by foreign entities (FX Bonds), and securitized bonds with foreign risk*, are required to obtain an issue rating of not lower than investment grade from an international credit