rehabilitation process under the Bankruptcy Law B.E. 2483. The decision is hoped to be the solution to TSFC?s severe financial difficulty as it would bring about creditor protection and reduced constraints in the
rehabilitation process under the Bankruptcy Law until February 12, 2009 and ordered TSFC to inform all clients of their right to withdraw excess collateral pledged with the company. Earlier TSFC board of directors
On 8 November 2023, JKN filed a petition for business rehabilitation with the Central Bankruptcy Court. The Court issued an order accepting the rehabilitation petition on the following day, resulting
Bangkok, February 13, 2009 ? The Capital Market Supervisory Board (CMSB) granted TSFC Securities Co., Ltd. (TSFC) another extension to work on out-of ?court rehabilitation plan until July 2009 but
Under the existing regulations, each business operator allows to prepare the customer complaints’ handling report in its own style and classify the type of complaints as it deems appropriate. Such variations have caused SEC extra time on processing the data for regulatory use. In addition, the current regulation which requires the operator to submit the report in paper form to SEC has incurred an undue burden to the business. SEC, therefore, proposes to amend the regulations by requiring...
Bangkok, August 14, 2008 ? Discussion in the latest quarterly meeting between the SEC and the Association of Investment Management Companies (AIMC) focused on the industry?s efforts to introduce new financial instruments for investor?s choice. SEC Secretary-General Thirachai Phuvanatnaranubala said: ?We discussed potential approaches to make fund investment more attractive and better responsive to different needs of investors.? The meeting has agreed on the following:1. Mutual funds, private fu...
, sufficiently, and comprehensively. The SEC?s seminar, recommendations, and checklist are the tools that enable listed companies to enhance their disclosure quality. If they all can proceed in accordance with
On 23 April 2024, the Central Bankruptcy Court issued an order to JKN for the business rehabilitation and appointed JKN as the plan administrator on 29 August 2024. Pursuant to the Bankruptcy Act