judgement eventually. Due to the Thai legal system, the Courts of Justice are classified into three levels, namely: the Courts of First Instance, the Courts of Appeal, and the Supreme Court. Moreover, the
provision of Class Action in the Thai legal system results from the endeavor of the Securities and Exchange Commission, Thailand (“SEC") to resolve the problem that the damaged investors could not get
supplemented as Section 222/1 to Section 222/49 under the Civil Procedure Code of Thailand. The additional provision of Class Action in the Thai legal system results from the endeavor of the Securities and
set aside reserve capital in accordance with law controlling business undertaking of such legal entity; (2) be able to show that its operational system will be prompt for operating securities business
Initial Coin Offering Portal (ICO Portal) An ICO Portal is a provider of an electronic system for facilitating the offering of newly issued digital tokens https://www.sec.or.th/EN/Pages/LawandRegulations
fund management under this Ministerial Regulation whose shares are held by any legal entity under Sub-clause (1) to (5) in aggregate amount of not less than fifty percent of total shares sold. Clause 3
show that its operational system will be prompt for operating securities business in the category of venture capital management; consideration on which will be taken into account its internal control
company licensed to undertake securities business in the category of mutual fund management; (d) life insurance company under law on life insurance; (e) financial institution or legal entity
securities for dissemination to dealers and providing a system for matching orders placed between dealers or any systems to facilitate trading of securities between dealers. Clause 4 This Notification
operating securities business in the category applying for the license, and other businesses as permitted by the SEC; (3) be able to show that its operational system will be prompt for operating securities