documents in order to lure the investors into believing that their subscription transactions had been executed and recorded when in fact Napasook did not use the money to subscribe for the fund units as
, Thailand (SEC) and the Singapore Exchange (SGX) have signed a Memorandum of Understanding (MOU) to establish a Streamlined Review Framework for the ASEAN Common Prospectus. The Streamlined Review Framework
business operator. The amended rules have come into force since 1 April 2020. _______________________Note:* ICO Portal is a provider of an electronic system for facilitating the offering of newly issued
will also be required for the purpose of general administration and cooperation; for instance, publishing unit pricing, distributing reports to unitholders, and managing dispute resolution. ?The SEC in
and deter money laundering.ICO issuers must be a company established under Thai law, with a clear business plan, audited financial statements, clear rights for digital token holders, source code
has studied and conducted a regulatory mapping between Thailand and Luxembourg to support Thai companies that are ready for listing overseas. The study shows that Thai debt securities issuers can
a filing and a prospectus and lessen a duty for digital token portals.Given high risks and uncertainties of a project during pre-ICO and private sale, and limited information disclosure to
consequently ordered by the Revenue Department to return the received tax benefits and pay a fine. In this regard, TMB paid a compensation to the client for the money paid to the RD; (2) In the case of {B
eligible shares for voting. 2. Real estate must be a project with finished construction and is ready to generate income. Investment is made at more than 80% of the project.3. Investment must not be in
disclosure related to the DW prices for the benefit of investors? decision-making.While DWs have become a more popular choice of investment, an SEC research has shown that sufficient disclosure of useful