Magnolia Quality Development Corporation Limited Magnolia Quality Development Corporation Limited ("MQDC") used the proceeds obtained from the debenture offering, which is inconsistent with

, conditions and procedures as specified in the notification by failing to put in place a sufficient and effective system for analyzing, reviewing and monitoring the quality of securities. SEC Act S.117

disclose the service quality information on Zipmex's website within the specified period in accordance with the notification. This case is under consideration of the public prosecutor. DAB Act S.30

and effective system for analyzing, reviewing and monitoring the quality of securities, resulted from the instruction or the failure to give instruction which is a duty required to be performed. SEC

for analyzing, reviewing and monitoring the quality of securities, resulted from the instruction or the failure to give instruction which is a duty required to be performed. SEC Act S.283 paragraph 1

Mr. Visit Malaisirirat Mr. Visit Malaisirirat, a former Chief Executive Officer, who is responsible for the operation of Magnolia Quality Development Corporation Limited ("MQDC"), shall be