Bangkok, June 13, 2014 ? The SEC is seeking public comment on rule revisions on subscription, underwriting, and allotment of newly issued securities and securities underwriting. The revisions aim at eliminating obstacles for issuing companies while maintaining proper protection and fairness in allotment of securities for investors. Also, rules on prevention of conflict of interest arising from securities underwriting will also be revised in responsive to current circumstances. The consultation...
Bangkok, October 17, 2013 ? The SEC advised shareholders of Wyncoast Industrial Park Plc. (WIN) to exercise their voting rights at the company?s Extraordinary General Meeting (EGM) on October 22, 2013 regarding the proposed asset disposal opposed by independent financial advisor. Under the proposal, most of WIN?s assets will be sold to a property fund.WIN earlier announced that it will propose to the EGM No. 1/2013 on October 22, 2013 for approval of selling 99.99 percent of its assets to Wyncoa...
Mr. Thawatchai Pittayasophon, SEC Deputy Secretary-General, Acting Secretary-General, clarified: “The SEC, to the best effort, has taken actions under the authority in this case, e.g., instructing the company to disclose information, extend the scope of special audit, and notify investors; and cooperating with relevant law enforcement agencies. We have, so far, made substantial progress in the investigations into the case. With regard to investor rights protection, the SEC has rendered ful...
comments on the proposed amendments to the regulations regarding advertising by digital asset business operators. The key points are as follows: (1) Adjust the font size of the warning notices in
of CD offerings by listed companies while flaws have been found in notices calling a shareholders? meeting to approve CD offering and authorized shares reserved for CD conversion. Without advice of the
as follows: (1) issue notices to the creditors whose names appear in the accounts and related documents of the mutual fund, instructing them to submit demand for debt repayment to the liquidator within
in order to facilitate the business restructuring for OISHI’s Group of Companies Should the registration with the Ministry of Commerce are completed, further notices will be provided accordingly
99.57 million become overdue. Due to liquidity problem and receiving notices demanding for payment from major creditors, thus to prevent bankruptcy situation, GSTEL had submitted the petition requesting