The SEC’s inspection on the operation of Huobi as a digital asset exchange operator during February 2021 - March 2021 detected deficiencies and insufficiency in Huobi’s management structure and
Department after the Central Bankruptcy Court had ordered POLAR to be placed under absolute receivership. The receiver then decided that the five directors were no longer qualified as company directors
financial officer, failed to report to the Stock Exchange of Thailand (SET) and the SEC that the company had been filed for bankruptcy by its creditors on 8 May 2017 and later became under the Court's
On 10 January 2024, the Central Bankruptcy Court ordered the business rehabilitation of ACAP and designated the company as the plan administrator. Pursuant to the Bankruptcy Act B.E. 2483 (1940
managing the assets possessed by the intermediary under receivership in accordance with the Bankruptcy Law . Clause 5 In proceeding with the actions under Clause 4(1), the official receiver shall render
managing the assets possessed by the intermediary under receivership in accordance with the Bankruptcy Law. Clause 5 In proceeding with the actions under Clause 4(1), the official receiver shall render
notified the Stock Exchange of Thailand (SET) that it had submitted an application for business rehabilitation to the Central Bankruptcy Court, declaring a confirmed amount of liabilities at 5.71 billion
debt securities, investors will be more exposed to credit risk of the branches than that of the foreign banks due to limitations of law on bankruptcy. Thus, the SEC revises disclosure of the foreign