level of care and diligence expected of a professional in safeguarding the interests of the bondholders. SEC Act S.46 Settlement Committee Meeting No. 10/2025 Settlement Committee Order No. 143/2025
operations of Dao Securities (Thailand) Public Company Limited (“DAOLS”), was required to ensure that DAOLS performed its duties with the level of care and diligence expected of a professional in safeguarding
to order or act where he has the duty, resulted in the offence committed by Zipmex concerning the case that during April 7, 2022 to July20, 2022, Zipmex did not fully disclosed necessary information
repurchase project. However, at the time, the total proceeds from the capital fundraising through the private placement had already been fully utilized. Furthermore, STARK lacked retained earnings or
placement and initiating a share repurchase project. However, at the time, the total proceeds from the capital fundraising through the private placement had already been fully utilized. Furthermore, STARK
been fully utilized. Furthermore, STARK lacked retained earnings or sufficient liquidity to carry out the share repurchase project as disclosed. Such act was deemed a dissemination of false information
baht to a private placement and initiating a share repurchase project. However, at the time, the total proceeds from the capital fundraising through the private placement had already been fully utilized
Board by failing to perform its duties with due care and preserve the interest of the debenture holders as would reasonably be expected of similar professionals. SEC Act S.46 Settlement Committee
digital assets to be offered for trading, including the delisting of digital assets. Moreover, Zipmex failed to perform its duties with due care as the professional should exercise in accordance with