associated with digital assets. The SEC recommends that anyone interested in trading digital assets study information and all associated risks carefully and make sure that they are capable of accepting the
Bangkok, 3 November 2017 ? The SEC emphasizes the importance of information disclosure in the registration statement and prospectus so that investors will be able to access complete information before making decisions to invest in initial public offerings (IPO). SEC Deputy Secretary-General Prakid Punyashthiti said: ?Investors should study the information of any financial instument of their interest before deciding to invest. In case of IPOs, investors can access important information in the p...
shareholders should not approve the acquisition due to lower returns than the cost of equity. Therefore, the SEC advises GUNKUL shareholders to study the information thoroughly as well as seek clarification or
currently designed and developed by ADAM. In addition, the acquisition would allow ADAM to resume trading on the Stock Exchange after the third quarter of this year. The SEC therefore advises that the ADAM
Bangkok, 9 February 2017 ? The SEC advises the shareholders of Inter Far East Energy Corporation (IFEC) to attend the 2nd extraordinary shareholders? meeting No. 2/2560 to exercise their voting right
Bangkok, April 20, 2016 ? The SEC is urging the shareholders of Eastern Commercial Leasing Public Company Limited (ECL) to thoroughly study the company?s proposed private placement to increase capital shares which would be considered a related transaction whereby the offer price is lower than the market price, and a waiver of tender offer to acquire all shares is requested, before exercising their rights at the annual general shareholders? meeting on April 26, 2016.The private placement to Premi...
Earlier on 17 April 2018, the SEC filed a criminal complaint against five former POLAR directors, namely, (1) Mr. Yannakorn Warakunrak, (2) Mr. Poonsak Chumchuay, (3) Mr. Asa Ninnad, (4) Mr. Thakorn Taweesri and (5) Mr. Danuj Bunnag. As a result, they were deemed to have untrustworthy characteristics to become company directors or executives and were banned from serving as directors or executives of listed companies in Thailand for the duration of the legal proceedings. Meanwhile, the man...
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...
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 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...