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
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
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
recommended to deal with the said insufficiency; (4) Monitoring (MR): Some audit firms were found having insufficient monitoring and without action plans to monitor deficiency remediation. In this regard
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
February 2021 - March 2021 detected deficiencies and insufficiency in Huobi’s management structure and work systems, causing the company to fail to operate its business in compliance with the governing