Earlier, the Civil Penalty Consideration Committee resolved to apply civil sanctions against Mr. A for obstructing and failing to set up a board of directors meeting and a shareholders meeting to
Earlier, the Civil Sanction Committee resolved to impose civil sanctions on {A} for obstructing and not cooperating with other IFEC directors to set up board of directors meetings and a
behaviors could be construed as obstructive since he has made no effort to convene an urgent shareholders meeting to appoint new directors. For example, he refused to attend the board of directors’ meetings
) under consideration, the penalty already served, the impacts, damage or benefits generated, rectification or other actions benefiting or hindering SEC’s operation, and the record or other past behaviors
not necessary nor reasonable to grant an extension; and determined that Mr. Suphanan has consistently acted in an obstructive manner and made no effort to solve IFEC problems since the start of the
manner of boosting the share prices, matching orders among themselves, or executing trading orders in a manner of obstructing trading activities of other persons. Their actions misled the general public
of the person(s) under consideration, the penalty already served, the impacts, damage or benefits generated, rectification or other actions benefiting or hindering SEC’s operation, and the record or
penalty already served, the impacts, damage or benefits generated, rectification or other actions benefiting or hindering SEC’s operation, and the record or other past behaviors demonstrating
facts or behaviors; (5) any behavior of the person under consideration which is cooperative or obstructive to duty performance of the SEC Office; (Translation) -8- (6) any other records or behaviors in