(Translation) Securities and Exchange Act B.E. 2535 (As Amended) _________________ BHUMIBOL ADULYADEJ, REX., Given on the 12th day of March B.E. 2535; Being the 47th Year of the Present Reign. His Majesty King Bhumibol Adulyadej is graciously pleased to proclaim that: Whereas it is expedient to enact a law on the securities and exchange; Be it, therefore, enacted by His Majesty the King, by and with the advice and consent of the National Legislative Assembly functioning as both Houses of Parliam...
Governance of Publicly Traded Company - Definition (Section 89/1) - Qualifications and the removal of directors and executives (Section 89/3 - 89/6) - Duty and responsibility of directors and executives (Section 89/7 - 89/14) - Shareholders’ rights under Chapter 3/1 (Section 89/26, 89/28, 89/30) - Shareholder’s right to bring a derivative action and a private lawsuit against directors and executives (Section 89/18 - 89/20) - Criminal liability of directors and executives (Section 281/2, 281/3, 2...
, which may lead to imprisonment from 5 to 10 years and a double fine based on the asset value or the benefit received from violation of such sections, as the case may be, but in any case not less than
an offense under Section 283 of the Securities and Exchange Act whereby the SEC had informed Mr. Suphan Sethapanich to accept the fine settlement but he did not agree to do so. The SEC, therefore
three months or a fine not exceeding five thousand baht or both.The development of the legal execution process requires cooperation between government agencies in order to obtain a wider and more
imprisonment for a term of five to ten years and a fine of THB 500,000 to THB 1 million. The SEC is also investigating other issues in connection with the fair value of assets and records of accounts, and if
that the fine is fully paid, the criminal prosecution shall be extinguished. Filing a complaint with inquiry official/DSI begins a criminal proceeding. The inquiry official will conduct further
reprimand, administrative fine, restriction of business operation, business suspension and license revocation, etc. In this regard, the scope of power of the order issuers varies depending on the level of
original criminal penalties in some aspects to regulatory fine. For further details of this public hearing, please visit www.sec.or.th/hearing or https://law.go.th/. Stakeholders and interested parties are
from disposal of all share which held in Patara Fine Thai Cuisine Pte. Ltd (Patara) and SK Catering Pte. Ltd (SKC) Singapore total 11 Thai restaurants in the 4th quarter of 2018. In second quarter of