structures and details could be changed at anytime; as such the potential impact can actually be assessed when the company reaches conclusion on proper structure or the SEC approves fund establishment.In this
Pattana Company Limited, a related person to GOLD and UV at 980 million baht, boards of directors, audit committees and financial advisors of GOLD and UV opined that the selling price was appropriate and
. 2535 (1992). Any listed company intending to enter into transactions related to digital assets or having inquiries on such transactions are welcome to call and discuss with the SEC at 0-2033-4644.
Bangkok, 27 June 2019 – This is in reference to the SEC Office’s order imposed by virtue of Section 58(1) of the Securities and Exchange Act, for Energy Earth Public Company Limited (EARTH) to
to alleviate the risk of frauds.Moreover, it is advisable to be cautious when being solicited to invest in ICOs or to buy any digital token for the time being since there are neither approved ICO
The warning came after the SEC had received information from the concerned public and stakeholders who noticed that unlicensed business operators in the securities and digital asset sectors, including foreign digital asset business operators, were soliciting the public to make investments with, or use services of, such unlicensed entities at a financial technology exhibition held at a shopping center on September 27, 2023.The SEC conducted an onsite inspection and gathered evidence in this regar...
SEC Secretary-General Ruenvadee Suwanmongkol said: “Digital asset businesses are regulated under the Emergency Decree on Digital Asset Businesses. Only providers who have obtained relevant licenses under the law are allowed to provide services related to digital asset trading, exchange, depository, transfer, withdrawal or any transactions related to digital assets in Thailand. Violators or those failing to comply with the law may be imposed with legal action.” On 2 July 2021, the SEC fil...
With reference to the recent occurrence, a foreign private digital wallet service provider has solicited investors in Thailand via social media to trade digital assets by linking investor trading activities with another foreign digital asset trading platform and allowing payment for the transactions made in Thai baht through Prompt Pay and Thai QR. Such provision of services may be deemed the undertaking of digital asset business without license, subject to the offenses under the Emergenc...
Bangkok, April 18, 2014 ? The SEC is seeking further public comment on revision of asset management company's reporting which was posted for public hearing in late 2013. The revision proposes to eliminate private fund's custodian reporting requirement as the custodian does not value the assets on mark to market basis. In order to provide investors with more accurate information on the fund's asset value, such reporting requirement will be imposed on asset management companies which mark to marke...