caution when allowing unlicensed business operators to set up exhibition booths, as this may inadvertently facilitate illegal activities. The SEC has been monitoring and observing events or exhibitions
, including those from foreign countries, as they are not under the SEC’s supervision and may pose a risk of fraud and scams. Concurrently, the SEC urges event organizers to exercise caution when allowing
On 17 September 2021, the SEC sent a circular to all listed companies advising listed companies that invest or plan to invest in digital assets to exercise discretion in making decisions regarding such investment. This is to prevent material impacts on the companies’ financial position or operating results as digital asset investment is usually exposed to relatively high risk from price volatility. In addition, the SEC reiterates that listed companies should take action and consider various fact...
Bangkok, April 27, 2015 ? The SEC urges shareholders of CyberPlanet Interactive Plc. (CYBER) to exercise voting rights, at the upcoming shareholders? meeting on April 30, 2015, on the company proposal to purchase outstanding and newly issued shares of Andaman Power and Utility Co., Ltd. (APU) totaling 3.4 million shares worth 340 million baht, to obtain concession to sell the power to Myanmar government. The independent financial advisor (IFA) viewed that the proposed transaction is not reasonab...
Bangkok, September 22, 2014 ? The SEC advised shareholders of Adamas Incorporation Plc. (ADAM) to thoroughly study the company?s proposal for disposal of assets of its subsidiaries, affiliates and related companies at the upcoming shareholders? meeting on September 25, 2014. Earlier, ADAM announced to seek shareholders? approval on 9.46 million baht disposal of assets of its subsidiaries, affiliates and related companies, namely Adamas World Ltd., Adamas Consumer Ltd., News Multimedia Ltd. and G...
Bangkok, April 22, 2014 ? The SEC advised SUPER shareholders to study the company?s proposal to acquire shares of Pro Solar One Co., Ltd. ("ProOne") through its subsidiary before casting votes at the shareholders? meeting on April 25, 2014.Earlier, Superblock Plc. ("SUPER") has proposed an acquisition plan for its shareholders? consideration where its subsidiary - Super Energy Group Co., Ltd. ("ENERGY") will acquire 100% of shares in Pro Solar One Co.,Ltd ("ProOne"), a solar power plant operator...
Bangkok, March 20, 2015 ? The SEC urges shareholders of EMC Plc. (EMC) to study information and exercise voting rights, at the upcoming EMC shareholders? meeting on March 25, 2015. EMC proposed to 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 interests. Earlier, EMC announced the proposed acquisition of 100% IMP shares from UWC at the price not ex...
directors and executives who were his close associates.Mr. Perajed Suwannapasri’s actions constituted a failure to perform his duties with responsibility, prudence, and integrity, causing damage to GIFT or
urges the private sector to exercise caution and refrain from using response letters in such manner.In any case, the SEC’s response letters to inquiries may contain facts that have changed or are specific