The move follows the Commerce Ministry’s decision today to declare the whole IFEC board of directors consisting of only the three named individuals. On 7 June 2018, the Commerce Ministry’s Business Development Department issued an order rejecting IFEC application to change its directors’ list to register Mr. Wiphu Maharakkakla and Mr. Manusak Deawwanich as two additional directors. The Department’s decision means that the list of IFEC directors as appeared on the company certificate only i...
Bangkok, 27 March 2023 – As appeared in the news reports of certain news agencies and online media on 24 March 2023 that Zipmex Co. Ltd. (Zipmex) had not received investors’ payment for capital increase as agreed, which might lead to the company’s business downsizing or termination, the Securities and Exchange Commission (SEC) has, on the same day, notified Zipmex, in writing, to provide clarification of the facts in such case within 29 March 2023, in relation to the impacts on the compa...
The SEC, having been informed of the progress of the company’s plan for fund raising with the new investors in which a business rehabilitation petition must be filed with the Court, has instructed Zipmex to act in the best interest of its clients and in readiness for facilitating their asset withdrawal transactions. In this connection, to keep Zipmex’s investors updated and accurately informed about material information in line with the requirements under the Emergency Decree on Digital Asset Bu...
On 20 November 2023, JKN submitted information through the SET Electronic Information System regarding an issue where certain board members did not receive the invitation to the Board of Directors meeting for the consideration of the business rehabilitation petition. This incident played a role in the resignation of some JKN directors. In this regard, JKN explained that the decision not to send a formal meeting invitation was prompted by the urgency of the matter. The meeting was therefore condu...
Bangkok, 26 February 2018 ? The SEC has filed a criminal complaint against Mr. Wichai Thavornwattanayong, former chairman of Inter Far East Energy Corporation Public Company Limited (IFEC), with the Economic Crime Suppression Division (ECSD) on the ground of performing duties dishonestly when he failed to disclose IFEC default on its bills of exchange. In addition, the SEC has instructed IFEC directors and the persons whom IFEC identified as director via the Stock Exchange of Thailand (SET) to s...
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...
GIFT disclosed the board of directors’ resolution and information about various transactions, such as the acquisition of a subsidiary of RS and a business unit of another RS subsidiary, which will be paid for in cash and GIFT newly issued shares. RS will seek a waiver for the mandatory tender offer through the shareholders’ resolution (whitewashing) at the Extraordinary General Shareholders’ Meeting. Additionally, RS will purchase existing GIFT shares from a major shareholder by the name Mr. Sur...
and Exchange Act B.E. 2535 (1992) (SEA), instructs NUSA to clarify the following information: 1. The impact of the lawsuits filed with the Civil Court by NUSA’s shareholders on petition for
9 July 2025 to ensure thorough audit process before submitting the report. Nevertheless, the SEC instructs SAM to expedite the audit reporting process in accordance with the specified timeframe
instructed KWI to submit the special audit report by 25 August 2025 and simultaneously disclose the report information through SETLink. Remark:* SEC News No. 105/2025 headlined: SEC instructs KWI to conduct a