In June 2017, the SEC required EARTH to arrange a special audit on the transactions of the advanced payments for goods and the payment for the right to purchase goods. The EARTH's plan preparer later submitted the special audit report in November 2017, which indicated that EARTH had used the advanced payments, the payment for the right to purchase goods and other assets in exchange for the mining property rights over the two mines in Indonesia, at the total amount of USD731 million.After conside...
Earlier, the SEC instructed EARTH to clarify the information regarding the existence and the fair value of the mining property rights over the two mines located in Indonesia and publicly disclose the
clarify and disclose information in the following matters: (1) the true existence and legal rights on the coal mines, and (2) the report on the re-assessment results of the fair values of the mining
Building Confidence in the Capital Market No. 37/2018 SEC extends deadline for EARTH to clarify the existence and the fair value of mining property rights Bangkok, 12 April 2018 – The SEC has granted
public by citing digital assets. As such, SEC has to warn investors to continue being cautious. The launch of the “เสี่ยงสูง.com” microsite is therefore the center for essential information for
mining property rights over two mines in Indonesia. The deadline was due on 31 December 2018.Earlier, the SEC ordered EARTH to clarify two issues, as follows: (1) the existence and the legal rights over
administrator and planner. This move could be considered an attempt to delay IFEC business operations to continue being under the management team led by Mr. Suphanan, instead of setting up a shareholders
and to arrange a special audit on the sources, existence and status of such debts which consequently caused EARTH to apply for business rehabilitation. The results of the special audit must be disclosed
an amendment to the trust instrument fails to meet the requirements as prescribed under Sub-clause (1), the trustee shall proceed in accordance with its power and duties as specified in the trust
Bangkok, 23 June 2017 ? The SEC has ordered Polaris Capital Public Company Limited (POLAR) to have an auditor conduct a special audit on the sources, existence and completeness of its accounting