meeting for the consideration of the business rehabilitation petition. This incident played a role in the resignation of some JKN directors. In this regard, JKN explained that the decision not to send a
be analyzed and explained as follows: 1 Overview The Company has been operating in textile business, manufacturing greige fabrics, through production process of yarn spinning and fabric weaving, based
without warning statements or warning practices are unclear. The SEC is therefore conducting this public hearing on a proposed amendment to the relevant regulations to establish a clear standard of warning
was completed. The company?s financial statements, accordingly, contains unclear item as to reasonableness of the said transaction which may affect the benefit of securities holders and investment
.” However, the information disclosed by CPAXT may be incomplete or unclear regarding the joint investment in the said project. This could potentially impact the rights and benefits of the shareholders
subject to temporary trading suspension. In addition, the company must proceed to have new operating business to meet the SET regulations within 12 months while its business plan remains unclear
a registration statement previously filed by this applicant. However, the SEC found the same deficiencies on issues such as related party transactions and unclear separation of businesses the
financial statements on 18 December 2024 – the auditor stated that they were unable to review the inventory. SAM had explained that the inventory consisted of obsolete and damaged goods that were no longer
and was treated according to the standard procedures with the opportunity to explain and present supporting documents and evidence. His translator also explained the statement to him before he signed to
of the financial statements. In addition, TIES neither compared the purchase and sale prices of the related party transactions to market prices, nor explained whether or not the price differences were