listed companies and securities firms.SEC Deputy Secretary-General Prasong Vinaiphat said: ?US investment bank Lehman Brothers Holdings Inc.?s plan to file for bankruptcy has led to a plunge of regional
In the current context of business rehabilitation, there is a more diverse range of guidelines for restructuring debts or funds of Rehabilitation Listed Company. Therefore, to ensure that the regulations for offering for sale of newly issued securities align with the current restructuring frameworks and that the rehabilitaion process is flexible and expedited, with disclosure criteria and appropriate investor protection measures in place according to the investor types, the SEC is proposing to a...
The SEC, having been informed of the progress of the company’s plan for fund raising with the new investors in which a business rehabilitation petition must be filed with the Court, has instructed Zipmex to act in the best interest of its clients and in readiness for facilitating their asset withdrawal transactions. In this connection, to keep Zipmex’s investors updated and accurately informed about material information in line with the requirements under the Emergency Decree on Digital Asset Bu...
, which was due on 17 April 2018. EARTH is now required to clarify and publicly disclose the information within 60 days after the bankruptcy court grants a permission for the plan preparer to assess the
first MOA is for cooperation in monitoring and oversight of fund mobilizing companies or capital market business operators, entering the rehabilitation process or involved in a bankruptcy case pursuant to
rehabilitation to the Central Bankruptcy Court. In this regard, DMF viewed that in the process of rehabilitation under the Bankruptcy Act, a rehabilitation plan preparer and a plan administrator will take control
regulations.* For example:• Shareholders’ equity falls below 50 percent of the paid-up capital with discount on share capital deducted;• Filing a rehabilitation petition under the Bankruptcy Act and the Court