the ratio of interest-bearing debt to shareholders’ equity at 5:1, which will be reported in the 2024 financial statements, so that it will not be considered an event of default under the terms and
requesting an extension from the SEC. In this regard, the private fund custodians who are currently registered as NAV verifiers are considered to have already complied with these criteria. The
considered a fundamental duty that listed companies should adhere to under the law. The SEC has therefore amended the relevant regulations to repeal the filing fee reduction for the annual registration
considered an event of default under the terms and conditions, from 20 November 2024 to 30 December 2025; (3) A waiver of maintaining the collateral-to-bond value ratio at a minimum of 1.5:1, as well as a
contracts with creditors for debt restructuring without being considered as a cause of default under the Terms of Rights; Agenda Item 2: Consideration for approval of an extension of the maturity
Digital Asset Services Which Is Not Considered an Undertaking of Digital Asset Business That Requires a License, dated 1 August 2024: https://publish.sec.or.th/nrs/10294s.pdf
have refused to comply with the civil sanctions imposed by the CSC. It is thus considered that they have refused to end the cases according to the SEC proceedings. The SEC has therefore submitted a
business operators engaging in digital asset activities. The comments and recommendations provided by respondents have been considered in the review of the proposed principles. The SEC is therefore
legal action. Concurrently, the SEC has reported the aforementioned action to the AMLO for further consideration, as the offense constitutes unfair securities trading, which is considered a predicate
2022) and considered that related applicable rules for proper and consistent practices of DA operators should be put in place. A public hearing on the proposed draft regulation was held during 4 July-3