auditor to do the special audit and showed no sign of progress. The SEC, therefore, will not extend deadline for THL?s special audit submission and will later take legal action against THL and responsible
Holding, causing damage to both companies. Additionally, Mr. Somchai, authorized to sign for money withdrawal on behalf of the company, misappropriated B30 million which had disappeared from SECC Holding’s
Ms. Mutita Nilsawad Ms. Mutita Nilsawad, an assistant managing director for marketing and public relations of S.E.C. Auto Sales and Services Plc. (SECC) with the power to sign company check or
Plc. (SECC) with the power to sign company check or withdrawal slip, failed to make proper verification before he jointly co-signed company payment checks or withdrawal slips in advance with another
Company to acquire total shares of 20,000,000 of Fung Keong Rubber Manufactory (Malaya) Sdn Bhd (“FKRMM”) from Consistent Record Sdn Bhd MYR which accounted for 100% of total paid-up capital of FKRMM
on assets, liabilities, business opportunity, results of operation and financial status of Hello LED on the sign date of the agreements and the closing date. The Hello LED Shares Acquisition
be subject to lock-up period for 3 years. Nevertheless, the Seller have the right to sell 25% of shares which has been received per year in the anniversary of year 1 to year 3 from the date of the
), the Seller shall be subject to lock-up period for 3 years. Nevertheless, the Seller have the right to sell 25% of shares which has been received per year in the anniversary of year 1 to year 3 from the
, business opportunity, results of operation and financial status of Hello LED on the sign date of the agreements and the closing date. The Hello LED Shares Acquisition Transaction constitutes an acquisition
of MACO ( vs one-month consolidation in 1Q 2016/17). In the same period, MACO also benefitted from the consolidation of Multi Sign Company Limited (“Multi-Sign”), which was acquired in October 2016