The SEC has opined that organizing a shareholders meeting to elect new directors in order for IFEC’s board of directors to have a quorum in compliance with the law would be a proper way for IFEC to urgently solve its problems, such as loan defaults and failure to prepare an submit financial statements to the Stock Exchange of Thailand (SET) to avoid a possible delisting from the SET and mitigate impact on investors and shareholders. Since the Commerce Ministry’s Department of Business...
highly stable government entity. In addition, the Eastern Economic Corridor Promotion Policy could potentially drive the demand on tap water in the project area. Thus, this investment also creates a
potentially harm public interests. Therefore, in its meeting on 1 February 2024, the SEC Board, by virtue of Section 35, Paragraph 2, of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018) (the
digital assets as a means of payment, aside from its usage as investment, which could potentially impact financial stability and the overall economic system. The use of digital assets in this manner
Recently, the SEC has been notified that some private sector entities have used the SEC’s response letters as references for other persons in various transactions, possibly providing information that
Kongpat, his nephew-in-law, even though he knew or should have known that Kongpat could possibly use such information for purchasing NOBLE shares. Kongpat actually purchased 4,088,600 NOBLE shares during 4