On July 7th, SCBX Company, led by Mr. Arthit Nanthawittaya, Chief Executive Officer of SCBX, issued a letter to the Securities and Exchange Commission or the SEC to clarify the progress in the case of investing in the company. Bitkub Online Co., Ltd. through the website SET with the meaning that
Refer to the letter of The Siam Commercial Bank Public Company Limited No. EI 6400008 dated 2 November 2021 regarding the investment in Bitkub Online Company Limited (“ Bitkub) of the SCB Securities Company Limited (SCBS) who has stated that it expects the transaction to be completed within the first quarter of 2022.
SCB X Public Company Limited would like to inform you that Such transactions in Bitkub are subject to compliance with the rules of the relevant regulatory bodies. and provided that the results of the review of Bitkub, in the material respects, are satisfactory and that the counterparty has fully complied with the conditions stipulated in the share purchase agreement. Currently, the review process is underway. and during discussions with relevant regulators by extending the transaction time from the original schedule