is adjudged to be bankrupt by the Civil Court. Court ruling as of 18 November 2008. Black Case No. Lor.For. 5/1998. Red Case No. Lor.For. 5/1998. http://www.led.go.th/ (English Translation) Page 14 The

is subject to the court’s receivership order or adjudged by the court as insolvent entity; (2) the issuer is under a liquidation process for dissolution. Clause 11 An applicant would be able to offer

) having been adjudged by the final judgment for an offence relating to unfair practice concerning securities or derivatives trading or administration amounting to deception, defraudation or corruption, or