Bangkok, August 23, 2011 - The SEC has directed Yarnapund Plc. ("YNP") to rectify its financial statements for Q3/2010 and for the year 2010. The Company is required to submit to the SEC and publicly
to the LBDU licensees which are the financial institutions required to comply with prudential regulations monitored by their respective lead regulators such as commercial bank, insurance company and
the operators. The report shall, however, contain information as specified by SEC. The required information will enable SEC to efficiently monitor the operator’s progress in resolving the complaints
who have suitable knowledge and ability for the duty; (2) Disclosure of information that is necessary for making investment decision to the client including investment risk, fees or expenses, conflict
abilities required to perform the assigned tasks including the evaluation of such knowledge and skills. The development should take into account knowledge necessary for the personnel to keep up with the
participating fund managers have the necessary experience and track record in managing retail funds, and funds offered under the framework are regulated and managed based on industry best practices. Regulatory
regard, the SEC Office may grant a waiver if it is necessary and appropriate: (1) a person having duty according to this Notification would be able to submit the information or the documentation prepared
Company is required to make a report, disclose the information memorandum on the entering into such transaction to the Stock Exchange of Thailand (“SET”), and convene the shareholders’ meeting in order to
tangible assets. Thus, The transaction is classified as the connected transaction which is required to disclose details to the Stock Exchange of Thailand. Information of the Connected Transaction Of Venture
to determine the terms and conditions and other details as necessary for and in connection with the issuance and offering of newly issued shares as it deems appropriate, including but not limited to