Bangkok, 8 January 2019 ? The SEC announced that the Ministry of Finance, under the recommendation of the SEC Board, has granted digital asset business licences to four applicants and rejected two applications. Meanwhile, another application is still under consideration. Digital asset businesses are regulated under the Emergency Degree on Digital Asset Businesses B.E. 2561 (2018).The Ministry of Finance notified the results of the consideration of the seven applicants* yesterday, with details as...
Bangkok, 13 March 2017 ? The SEC has extended the deadline for submitting the special audit report of K.C. Property Public Company Limited (KC) for the second time, from 8 March to 28 March 2017.Earlier, the SEC ordered KC to have a special audit on the internal control system concerning the issuance of bills of exchanges, the related receipt and payment transactions, the accounting records practice, and the questionable transactions of land sales and purchases. The company was also ordered to r...
Bangkok, 22 January 2018 ? The SEC has granted Pace Development Corporation Plc. (PACE) a second postponement for the submission of the clarification regarding the assumptions used in the fair value measurement of its investment in Pace Project One Co., Ltd. (Pace One) and Pace Project Three Co., Ltd. (Pace Three), from 15 January 2018 to 31 January 2018. Initially, the SEC instructed PACE to clarify the reasonableness of the assumptions used in the fair value measurement, and to publicly discl...
SEC Secretary-General Ruenvadee Suwanmongkol said that the ongoing spread of COVID-19 is affecting some securities companies and derivatives business operators to the point that it is necessary to postpone their general shareholders’ meeting. As a result, the approval and submission of the annual financial statements to SEC cannot be done within the deadline specified by law, and consequently the publication of the financial statements on newspaper and at open space of the premises of the...
effective cybersecurity plans. SEC Secretary-General Rapee Sucharitakul said: ?Cyber threats are evolving very fast and becoming more complicated. Preventive measures alone may not be enough. It is therefore
ensure business continuity and prevent damage caused by deficient information security ?Currently, operating business of listed companies no longer deals with economic prosperity alone. Rather, managing
KITHA shares is classified as acquisition of significant asset and related party transaction, the shareholders? resolution alone was unable to satisfy the requirements under regulations under the