After the CEO of Zipmex Thailand revealed information about investors defaulting on payment according to the agreed deal, the SEC recentlyissued a statementas follows
As on March 24, 2023, news appeared in various news agencies and online media about Zipmex Co., Ltd. (Zipmex). Reducing the size of the business or liquidation of the business
The Securities and Exchange Commission (SEC) therefore sent a letter to the company on the same day (March 24, 2023) asking Zipmex to clarify the facts about the aforementioned case to the SEC about The impact on the company and its customers, including the company’s further actions by March 29, 2023, along with informing that information should be disclosed to investors.
In this regard, the SEC Office has followed up on such cases and taken action in accordance with its authority under relevant laws and regulations.
Source: SEC