Earlier, by virtue of Section 267 of the Securities and Exchange Act of 1992, the SEC, with the approval of the SEC Board, ordered an attachment of assets of 10 entities who were imposed with the
characteristics and risks associated with rapidly evolving digital assets and apply the principle of “same activity, same risk, same regulatory outcome.” This aligns with the TDO's important goal of driving the
Earlier, Zipmex announced the suspension of its services for digital asset trading, money deposits and withdrawals in Thai baht, and deposits and withdrawals of digital assets, due to problems with
SEC Secretary-General Ruenvadee Suwanmongkol said: “Nowadays, digital assets are used for fundraising and trading. Also, Blockchain innovation and Distributed Ledger Technology (DLT) are applied to
regulation would prohibit digital asset business operators from: (1) Accepting deposits of digital assets from the customers and lending, investing, staking or employing such digital assets; (2) Accepting
Bangkok, September 22, 2014 ? The SEC advised shareholders of Adamas Incorporation Plc. (ADAM) to thoroughly study the company?s proposal for disposal of assets of its subsidiaries, affiliates and
misappropriating the company?s assets in contravention of Section 307, 308, 311, 313 and 315 of the Securities and Exchange Act of 1992 (SEA). A referral from the Stock Exchange of Thailand (SET) and the SEC
7 billion baht or approximately 20 percent of the total assets. EARTH attributed the problems to insufficient cash flow and review of credit lines of financial institutions. EARTH is currently seeking
negotiation between the Company and the Seller to fulfil the conditions precedent. In this regard, under the Amendment to Share Purchase Agreement, the Company and the Seller have agreed to adjust the purchase
majority of these projects delivered within/before June-July. And another reason is a one- time charge of 13 million Baht to adjust the retirement benefits in accordance with the latest changes in Labor