Bangkok, 29 March 2024 – The Securities and Exchange Commission (SEC) advises the unitholders of Urbana Property Fund (Leasehold) (URBNPF) to participate in the unitholders’ meeting to be held on
Asia Precision Public Company Limited (APCS), as the APCS246A and APCS24NA bond issuer, will convene the bondholders’ meeting No. 1/2024 via electronic means on 4 June 2024 at 09.30 hours for APCS246A bonds and at 11.00 hours for APCS24NA bonds. The e-meeting’s agenda contains the following matters: Agenda Item 1: Consideration for approval (1) Extension of the maturity periods for both series for two more years; (2) Partial repayment of the principals in total amount 15 percent of the bond va...
Country Group Development Public Company Limited (CGD), as the CGD206A bond issuer, will convene the bondholders’ meeting No. 1/2024 on 29 May 2024 at 10.00 hours via electronic means. The e-meeting’s agenda contains the following matters: Agenda Item 1: Consideration for approval (1) Extension of the maturity period for another year (2) Partial repayment of the principal at least 30 percent of the par value per unit as of 15 May 2024, to be made on 25 June 2024. The remaining principal will b...
JC Kevin Development Co., Ltd., as the issuer of JCKD206A bonds, will hold the Bondholders’ Meeting No. 1/2024 electronically on 21 May 2024 at 14.00 hours. The e-meeting’s agenda contains subject matters for consideration as follows: Agenda Item 1: Consideration for approval:(1) Extension of the maturity date for the bond redemption for another two years; (2) Partial repayment of the bond principal in nine installments by reducing the par value per unit, due on the interest payment dates thro...
Reference is made to the event where the bonds of Destination Resorts Co., Ltd. experienced a default, and the bondholders' representative called for the DR212A and DR20DA bonds to be due immediately, followed by legal action filed against the company in the Bangkok South Civil Court, which has been accepted by the court. The company will therefore convene the Bondholders' Meeting No. 1/2024 electronically on 24 May 2024 to consider the cases of DR212A and DR20DA bonds at 14.00 hours and 15.30 h...
Having noticed that some digital asset business operators open trading accounts for minors, on 8 January 2022 the SEC disseminated the circular clarifying the guidelines for providing digital asset business services to minors in accordance with the same standard and the Civil and Commercial Code. Essentially, all digital asset business operators are required to: (1) Consider the information related to investors’ legal capacity in executing legal acts before providing services to prevent lega...
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...
On 17 September 2021, the SEC sent a circular to all listed companies advising listed companies that invest or plan to invest in digital assets to exercise discretion in making decisions regarding such investment. This is to prevent material impacts on the companies’ financial position or operating results as digital asset investment is usually exposed to relatively high risk from price volatility. In addition, the SEC reiterates that listed companies should take action and consider various fact...
Bangkok, 3 November 2017 ? The SEC emphasizes the importance of information disclosure in the registration statement and prospectus so that investors will be able to access complete information before making decisions to invest in initial public offerings (IPO). SEC Deputy Secretary-General Prakid Punyashthiti said: ?Investors should study the information of any financial instument of their interest before deciding to invest. In case of IPOs, investors can access important information in the p...
Earlier on 17 April 2018, the SEC filed a criminal complaint against five former POLAR directors, namely, (1) Mr. Yannakorn Warakunrak, (2) Mr. Poonsak Chumchuay, (3) Mr. Asa Ninnad, (4) Mr. Thakorn Taweesri and (5) Mr. Danuj Bunnag. As a result, they were deemed to have untrustworthy characteristics to become company directors or executives and were banned from serving as directors or executives of listed companies in Thailand for the duration of the legal proceedings. Meanwhile, the man...