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...
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
market funds are likely to grow in size and emerge as an alternative for people looking for the place to park their cash.
baht, which probably exceeded the amount of the existing assets.The information on the liabilities disclosed in the POLAR financial statements differs significantly from the information disclosed in the
are more likely. Whilst, it is more likely for economies with high export/import values to gross domestic products (GDP) to be affected from the spillovers. Nonetheless, high volumes of international
failed to inform a client of material information that was likely to affect investor's interests.Following the SCB report, the SEC probed into the case and found that a client wanted to sell investment
would show a bigger picture of their contribution, in terms of work time, productivity and otherwise, to their respective work, and whether their multiple employments are likely to raise competition or
market funds are likely to grow in size and emerge as an alternative for people looking for the place to park their cash.However, money market funds are currently subject to more stringent rules than other
material and likely to affect the client's benefits.Following the complaint lodged by client and examination report of Bangkok Bank Plc., the SEC further probed into the case and found that the client
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