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...
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
baht per person per day. To this end, Thailand’s upcoming 13th National Economic and Social Development Plan for 2023-2027 prioritizes achieving high-value, eco-friendly economy, society of opportunities
invest in such products should proceed with extra caution since:(1) The product above has not been screened with regard to its qualifications and smart contracts by SEC-approved ICO portals; (2
SHARE : SEC advises listed companies to exercise care and caution before investing in digital assets Monday 20 September 2021 | No. 177 / 2021 Bangkok, 20 September 2021 – The Securities and Exchange
Social Development Plan for 2023-2027 prioritizes achieving high-value, eco-friendly economy, society of opportunities and equality, sustainable way of life, and strengthening enabling factors for
other laws outside the SEC’s jurisdiction, the SEC will coordinate with relevant authorities to take an appropriate action.The SEC urges the public and investors to exercise caution when using services of
investment decision carefully. For example, Notice Pending (NP) in case of awaiting material information, or Caution (C) in case a listed company has the characteristics as prescribed in the governing
6 Sustainable Development Goals by UN • Promote eco-friendly business activities and address environmental & social risks • Energy Management System Committee, focusing on energy related issues