Bangkok, April 18, 2014 ? The SEC urged shareholders of GOLD and UV to carefully study information on valuation of GOLD?s assets in a proposed related party transaction at the upcoming shareholders
obligations. Also, certain terms and conditions in the relevant agreements may give rise to accounting issues; in particular, whether such transaction could be recorded as true sale or borrowing, the difference
make any transaction related to such assets to consider the matter thoroughly and cautiously by taking into account both expected interest and potential risks and impacts. In addition, directors and
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...
government. The independent financial advisor (IFA) viewed that the proposed transaction is not reasonable and the purchase price is higher than the fair value.APU is undertaking a temporary 6-20 MW power
government. The independent financial advisor (IFA) viewed that the proposed transaction is not reasonable and the purchase price is higher than the fair value.APU is undertaking a temporary 6-20 MW power
such transaction will be beneficial as well as enhance UPA?s business competitiveness and performance. In addition, a temporary 6-20 MW power plant has already generated and sold electricity since June
the shareholders? meeting to enter into related party transaction with Ua Withya Plc (UWC) to purchase shares of Imperial Land Company Limited (IMP) and the claim over outstanding loan and accrued