to alleviate the risk of frauds.Moreover, it is advisable to be cautious when being solicited to invest in ICOs or to buy any digital token for the time being since there are neither approved ICO
regard, the SEC urges investors to be cautious in making use of news coverage on securities offering or fund establishment and listed companies? profit forecast, if it has not approved by the SEC or not
SEC Secretary-General Ruenvadee Suwanmongkol said: “Digital asset businesses are regulated under the Emergency Decree on Digital Asset Businesses. Only providers who have obtained relevant licenses under the law are allowed to provide services related to digital asset trading, exchange, depository, transfer, withdrawal or any transactions related to digital assets in Thailand. Violators or those failing to comply with the law may be imposed with legal action.” On 2 July 2021, the SEC fil...
The warning came after the SEC had received information from the concerned public and stakeholders who noticed that unlicensed business operators in the securities and digital asset sectors, including foreign digital asset business operators, were soliciting the public to make investments with, or use services of, such unlicensed entities at a financial technology exhibition held at a shopping center on September 27, 2023.The SEC conducted an onsite inspection and gathered evidence in this regar...
Bangkok, April 18, 2014 ? The SEC urged shareholders of GOLD and UV to carefully study information on valuation of GOLD?s assets in a proposed related party transaction at the upcoming shareholders? meeting on Monday 21 April, 2014.Referring to a proposal to sell 35 parcels of land with 11 buildings of Golden Land Property Development Plc. ("GOLD"), a subsidiary of Univentures Plc. ("UV"), to Sirisap Pattana Company Limited, a related person to GOLD and UV at 980 million baht, boards of director...
. In this regard, the SEC has urged all investors to be more cautious in their securities trading and consider fundamental information sufficiently before making an investment decision. This will help to
Under the amendments, SEC has proposed to lift the limitations on unitholding which bar any person or any associated person from holding investment units in a mutual fund over one third of the total sold units, but asset management companies are still required to disclose information regarding unitholding over the one-third rule to investors and such unitholders are not allowed to exercise their rights of voting for the units they hold beyond the one-third rule. In addition, business opera...
and investment communities duly gave comments.This time, SEC makes eight revised draft notifications in accordance with the proposed principal. Regarding the management of property funds and the