and the persons whom IFEC identified as director via the Stock Exchange of Thailand (SET) to solve the company's problems urgently and to disclose their individual clarifications to the public within

. Both approved Acts shall take effect upon His Majesty the King?s signature and publication in the Government Gazette. However, each revised provision shall come into force at different times to allow

account in such a way as to take advantage of other persons by using negative material non- public information concerning the fact that TIP had to increase its registered capital shares at the amount of 250

Public Company Limited (TIP), sold 1,561,600 of TIP shares through its own account in such a way as to take advantage of other persons by using negative material non- public information concerning the fact

), ordered 1,561,600 of Dhipaya Insurance Public Company Limited (TIP) shares to be sold from the account of Thaisri Insurance in such a way as to take advantage of other persons by using negative material

as to take advantage of other persons by using negative material non-public information concerning that TIP had to increase its registered capital shares at the amount of 250 million baht to solve the

Limited Companies Act, to call for an extraordinary shareholders meeting for the election of new directors to fill the vacancies.The proposal is viewed by the SEC as a possible alternative to solve IFEC

urgently solve its problems, such as loan defaults  and failure to prepare an submit financial statements to the Stock Exchange of Thailand (SET) to avoid a possible delisting from the SET and mitigate

, not allowing IFEC to solve the problems in a timely manner. Citing Section 58 of the Securities and Exchange Act, the SEC has ordered Mr. Suphanan to clarify why he has not organized a shareholders

that require any changes to the 2020 Annual General Meeting of Shareholders, such as the postponing meeting date or changing meeting venue and/or take other actions in accordance with the conditions