Issuing company · To protect investors from unfair practices and ensure the availability of adequate information for making a right investment decision, the SEC requires that companies obtain an
company, the company shall maintain either collateral or liquid asset or both with adequate value as prescribed by the Office, and calculate and report of maintaining collateral and liquid asset adequacy in
must contain the scope or policy on investment, investment restrictions, and the customers’ right to obtain intelligible and adequate information on the private fund management. Furthermore, any
customers’ objectives and needs, each private fund management contract must contain the scope or policy on investment, investment restrictions, and the customers’ right to obtain intelligible and adequate
management contract must contain the scope or policy on investment, investment restrictions, and the customers’ right to obtain intelligible and adequate information on the private fund management. Furthermore
5 Despite receiving assistance from the Mahachai Group in terms of working capital for its operation in the past, the Company is still unable to secure adequate funding to repay a large amount of
to secure adequate funding to repay a large amount of outstanding trade debt, especially the trade debt owed to Cargill International Trading Pte. Ltd. (“Cargill”) in the amount of USD 105 million
, adequate monitoring processes, and human resources issues. To address the deficiencies effectively, the audit firms should conduct root cause analysis to find out why their audit performance has fallen short
regulations and professional standards and to ensure that they will be able to exercise their duties efficiently to the fullest capacity. Meanwhile, the SEC is laying out the foundation of a robust and adequate