Presently, several companies are interested to raise fund through digital token offer to finance their investment in office buildings or condominiums which will later be rented for income shared to holders of digital tokens or real estate-backed initial coin offering (ICO). Meanwhile, the regulations have not yet extended to such fund raising method and a smart contract has not yet covered an enforcement of investors’ rights in some issues which are activities occurring outside blockchain...
The SEC’s policy is to strengthen the oversight of digital asset business operators with a focus on quality and reliability enhancement of such business operator to protect investors. This means the records of investors’ assets under custody of the business operators must be accurate, complete and updated while the assets must be properly protected from relevant risks. In September 2021, the SEC conducted a public hearing on a proposed amendment to the regulations on custody of clients’ assets....
Given the prolonged period of low interest rate in the Thai bond market, many debt securities issuers are increasingly issuing for sale subordinated perpetual bonds which have more complex features and offer higher returns than general debt securities. Specifically, from 2012 to June 2020, the total offering amount of subordinated perpetual bonds was 119,000 million baht. Of this amount, the majority investors were retail investors, accounting for approximately 81 percent, and HNW account...
On 4 January 2024, MORE sent an invitation to the Extraordinary General Shareholder Meeting No. 1/2567 to the shareholders with the agenda concerning the consideration for approval of a registered
Microsoft Word - ELCID_Telemax Capital Increase No. FER 600195 March 23, 2018 Subject : Notification of the capital increase and investment plan of its subsidiary Attention : President, The
The SEC’s policy is to strengthen the oversight of digital asset business operators with a focus on continued quality development and investor protection reliability of such business operators. This means the records of investors’ assets under custody of the business operators must be accurate, complete and updated while the assets must be properly protected from relevant risks. Therefore, the SEC is proposing additional regulations related to custody of clients’ assets by requiring that digi...
general shareholders’ meeting on 23 February 2024 and exercise their voting rights on a proposed capital increase to be offered to the existing shareholders in proportion to their shareholding (rights
SEC had proposed, in principle, to amend the definition of major shareholder of the securities companies which at present is determined based on the “number of voting shares” to the “number of
increase via private placement (PP) to become ineffective until the SEC shall order otherwise. This follows POLAR?s announcement concerning (1) additional agenda of Extraordinary General Meeting (EGM) No.1