Limited Companies Act B.E.2535 (1992) to call an extraordinary general meeting in order to elect new directors. The SEC and other competent authorities have issued guidelines to set out the procedures
Shareholders of IFEC are encouraged to attend the extraordinary general meeting No.1/2018 and vote for new directors to fill seven vacancies. It is extremely important for IFEC to have an adequate
OTO will convene the EGM on 19 February 2024 to propose for the shareholders’ consideration the offering for sale of capital shares, through PP, in the amount of 1.2 billion shares at the price of 0.60 baht per share or a total of 720 million baht in value. The objective of the offering is to use the proceeds for investments in Peer for All Company Limited (PFA) and Happy Products and Services Company Limited (HPS).In this regard, an IFA has expressed the opinion that the offer price of such cap...
As on February 29, 2024, Thana Power Holding Co. Ltd. (Thana Co. Ltd.), NUSA’s shareholder, arranged the first EGM of Shareholders for 2024 (EGM of Shareholders No.1/2024) according to Section 100 of the Public Limited Company Act B.E. 2535 (1992), the meeting resolved to (1) appoint 3 new directors as follows: Pol.Lt.Gen. Ekaphop Prasitvattanachai, Mr. Chaipat Lertlucktaweekul, and Mr. Burin Nuchniyom, as well as (2) approves to withdraw the current Chairman of the Board of Directors and...
Based on a referral and the SEC’s further investigation, it was found that on 15 October 2021 OKX provided services for a digital asset trading system, facilitating the trading and exchange of digital assets while charging a fee of 0.1% of the trading value. Additionally, OKX solicited and promoted its services through its website and various social media channels, including Telegram under the account name “OKX TH”, Twitter (now X) under the name: “OKX Thai Community”, and Line OpenChat u...
According to the SEC’s findings, XT .COM has provided a digital asset trading system to facilitate trading and exchange of digital assets while charging fees. Additionally, it has promoted and solicited users in Thailand to use XT .COM’s services through Thai-language social media, i.e., Facebook, Telegram and YouTube, and has set up XT .COM booth at events held in Thailand. The XT .COM’s activities are liable to be an operation of digital asset exchange business under Section 3 of th...
wallet provider, and other rules related to the digital asset business operations. The main objectives of the proposed amendments were to build an adequate and appropriate investor protection mechanisms in
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