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
The SEC approved rules on undertaking derivatives fund management business for derivatives fund mangers who provide services to the general investors, mutual funds, private funds, and provident funds
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
Siripongpairoj, Sakda Pannitamai and Saroj Klumdang for undertaking derivatives business in Thailand without license causing 23.98 million baht damages.In response to several complaints that during February 2008
Bangkok, November 27, 2012 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against five companies, namely(1) Silver Line Trading Intertrade Co., Ltd., (2) Diamond and Silverline Group Co., Ltd., (3) K.N.O. Marketing Co., Ltd., (4) M.B. Network Co., Ltd., and (5) P.T. Research Co., Ltd., along with four related persons, namely (1) Jaray Chanchaisilp, directors of Silver Line Trading Intertrade Co., Ltd. and Diamond and Silverline Group C...
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
with them. Some even gave authorization for the companies? staff to submit trading orders on their behalf.The said actions were deemed as undertaking derivatives business without license in contravention