Criteria for selection and withdrawal of digital assets

 

T-Box (Thailand) Company Limited (“the Company”) requires the committee to select and withdraw digital assets. (“Selection Committee”) which is appointed by the Board of Directors. It is the provider of the policy and criteria for the selection and withdrawal of digital assets in order to provide a standard for the selection and withdrawal of digital tokens used in the company’s trading centers. Taking into account the safety and benefits of customers as the main details as follows

 

Consolidation principles for consideration, selection and delisting of digital assets

Company’s target group

The Company aims to operate as a digital token issuer (Issuer), issuing and offering digital tokens that generate income or have underlying assets as real estate (Real Estate Backed Token) (“Issuer and Offeror”). Therefore, the company requires that the criteria for the selection and delisting of its digital assets are in line with the laws and regulations relating to digital tokens that have income streams or have underlying assets as real estate as required by regulators.

Digital Asset Selection and Delisting Committee

The company has established a policy and process for the consideration, selection and delisting of digital assets in order to screen safe and qualified digital assets according to the company’s requirements. with the selection committee Has the authority to consider, select and revoke such assets for registration in the Company’s trading center system. by the selection committee will be appointed by the position of the Board of Directors which consists of the CEO, CTO, COO, and Head of Business Development. by designating the Chief Executive Officer to be the chairman of the Digital Asset Selection and Delisting Committee and has the head of business development as the secretary of the selection committee

Digital Token Registration

Digital token issuers and digital tokens to be considered by the Company to provide services in the digital asset exchange must be issued and offered for sale with the Digital Token Offering System (ICO) service provider. portal) in accordance with the guidelines for the issuance and offering of digital tokens. And the criteria are related to digital tokens that have income streams or have underlying assets as real estate of the SEC, as well as qualifying according to the criteria and being considered according to the process specified by the company.

requires consideration of the Digital Token Offering Memorandum (“Information Form”), which is a document stating the objectives, risks and conditions of issuance. and offering digital tokens as well as financial documents Management history and operations Details of rights and liabilities of related persons, such as issuers and offerings, trustees (if any), and asset trading centers, etc., provided that the information form must be considered and approved by the toll provider. digital ken and is effective according to the Notification of the Securities and Exchange Commission No. KorJor. 15/2561 regarding the offering of digital tokens to the public. The Company will consider the legitimacy of such information form before every digital token registration by having the Business Development Department review it through the prospectus database and The SEC’s registration statement (https://market.sec.or.th/public/idisc/en/Product/Filing) includes the process of implementation, development and creation of digital tokens as follows. It must comply with the information form of the digital token.

Monitoring and review of qualifications

The Company requires the Business Development Department to regularly monitor and review the qualifications of the digital token issuer and offeror registered in the Company’s system at least once a quarter or in the event of an issuer’s milestone event. The details of the review of information and qualifications of the digital token issuer and offeror appear in Article 3.

Review of the policy and criteria for the selection and withdrawal of digital assets

The company reserves the sole right to consider the selection and withdrawal of digital assets used in the trading center. as well as amending and improving the criteria for consideration to be consistent with the law, safety and to better meet the needs of customers. By assigning the Business Development Department to collect data and present it to the Digital Asset Selection and Revocation Committee for reviewing the policies, measures, processes and criteria related to the selection and withdrawal of digital assets at least once a year. Criteria for Selection and Delisting of Company Digital Assets Such rules must be approved by the SEC before being published in the company in accordance with the rules and procedures announced by the SEC Office. Affects business operations or interests of service users or related persons The Company will arrange a hearing from such person and submit a report of the hearing to the SEC for consideration and approval.

Digital Token Selection Process

The Company determines the process for selecting digital tokens to be registered in the Company’s trading center as follows:

The process of considering and verifying facts about the issuer and offering

Assign the Business Development Department to be primarily responsible for considering the accuracy and completeness of the documents. This includes fact-checking on digital token issuers and offerings as detailed below.

Preliminary check whether the information and documents received from the digital token issuer and offeror as specified in attachment 4.1.2 (b) are correct, complete and complete as required by the Company. This includes information and documentation regarding customer acquaintances and customer scrutiny in accordance with the Customer Acquisition Guidelines applicable to Issuers and Offerers mutatis mutandis (KYC/CDD).

Examine the facts about the digital token issuer and offeror in accordance with the Company’s Customer Acquisition Guidelines (CDD) to ensure that the digital token issuer and its directors do not have any prohibited characteristics in the transaction. with the companies as specified in the table below and is actually such person as stated in the documents notified to the Company

 

 

Prohibited Characteristics in Transactions

1.

Issuer and offeror, director, beneficiary the last control authority or a person authorized to act on behalf of a juristic person who is ultimately assigned to the Sanction List, or commits an offense or is involved in a preliminary offense or offense under money laundering or foreign law; as well as being a financial supporter of terrorism.

2.

The issuer and offeror refuse to provide material information or documents that prevent the Company from identifying the true identity of the customer. or provide incorrect information does not match the fact that the company has checked

3.

Issuer and offeror are bankrupt. or being receivership, whether temporarily or permanently According to the list in the bankruptcy database of the Legal Execution Department Ministry of Justice

 

Verify that the digital token issuance and offer for sale has been properly issued and offered for sale in accordance with the rules prescribed by the SEC by reviewing the database of the Office of the Securities and Exchange Commission. The Stock Exchange of Thailand (“SEC”). Authorization for the issuance and sale of digital tokens, etc.

If the Issuer and Offeror does not have any prohibited characteristics under the Customer Acquisition Policy adopted by the Company mutatis mutandis under Clause 2.1.2, and the issuance and offer for sale of digital tokens has complied with the applicable laws. relevant to the issuance and offer for sale correctly according to Clause 2.1.3, the Business Development Department shall summarize the results of the consideration and forward it to the Information Technology Department and the Operations Department for further consideration. The reasons are detailed and signed by the head of the department for submission to the Digital Asset Selection and Delisting Committee.

In the case that the issuer and offeror are prohibited from conducting transactions as stipulated in the Company’s customer acceptance policy. or such digital tokens have suspicions that they may not comply with the regulations set by the SEC regarding the issuance and offering of digital tokens. Have the Business Development Department reject the digital token registration and collect relevant information to send the Compliance Department to continue reporting to the relevant regulatory authority. Digital token issuers are listed in the Sanction List or if it is found that the Issuer and Offeror do not issue and offer for sale digital tokens in accordance with the rules prescribed by the SEC, the Compliance Department shall report. to the Office of the Anti-Corruption Commission, etc.

Technical and Operational Feasibility Process

After reviewing the facts of the digital token issuer and offeror The Company has designated the Information Technology Department and the Operations Department to consider and evaluate the technical and operational feasibility. By using discretion and expertise as a professional as detailed in the assessment as follows.

Assessment by Information Technology Department

(1) require the Information Technology Department to consider and assess the technical feasibility Taking into account the complexity of creating a system to support the trading of such digital tokens in the company’s trading center, for example, considering the technical characteristics of digital tokens. The basic technology system that the company has to modify or build in order to be able to trade digital assets. Support system for payment of compensation (if any), etc., along with estimating the cost and duration of such operations.

(2) The Information Technology Department shall prepare a report of the assessment results under (1) specifying the complexity and feasibility of providing such digital token trading services. along with specifying conditions, periods and limitations to the selection committee for further consideration

Assessment by the Operations Department

(1) Require the Operations Department to consider to assess the operational feasibility of digital token trading after the announcement of the digital token registration. The scores were based on the complexity of managing the company’s systems. The general operations officer will review the White Paper, the prospectus. and the digital token issuance and offering statement. The following issues and requirements will be considered.
– Terms of registration self acquaintance and investigating facts about customers
– Conditions for depositing and withdrawing baht in the digital token trading center system
– Conditions related to trading rules
– Conditions related to the duty of keeping digital assets
– Conditions relating to duties of being a digital asset registrar
– Conditions relating to the obligation to pay returns to investors
– Digital asset wallet conditions (Wallet Requirement)
– Conditions for depositing or transferring digital assets

(2) The Operations Department shall prepare a report of the assessment results under (1) specifying details and feasibility of providing such digital token trading services. along with specifying conditions, periods and limitations to the selection committee For further consideration in accordance with Article 2.3, if the operating officer finds that there is any requirement that the Company cannot comply with the condition due to the Company’s policy at that time Operations staff will produce a report detailing the requirements the company is unable to perform and their opinion that the registration of the digital token should be rejected. for the selection committee Consider in accordance with Article 2.3 next.

The process of assessing the suitability of the service provided by the selection committee

The Company has determined that the selection committee It is the final digital token selection. The committee must consider the evaluation report and information about the digital tokens from the issuer and offeror review process. Technical and operational feasibility assessment and may request additional information from the issuer and offer for sale as appropriate for consideration

Selection Committee The qualification of the digital token issuer and offeror must be considered whether it complies with the following Listing Rules for the Company’s digital tokens.

 

Guidelines

feature

Issuer and offer for sale

It is a limited company or a public limited company established under Thai law. and have all the qualifications in accordance with the regulations on the issuance and sale of digital tokens prescribed by the SEC Office

must not be bankrupt insolvent or is in the process of filing or to investigate a petition for business rehabilitation or business rehabilitation under the law on bankruptcy

The Digital Token Issuer and Offeror and the Directors of the Digital Token Issuer and Offeror must not have any prohibited characteristics in accordance with the Customer Acquisition Guidelines established by the Company.

Registered digital tokens

The issuance and offer for sale of digital tokens must be done through a digital token offering system provider (ICO Portal) approved by the SEC, with a valid issuance and offering process in accordance with Legal and licensed by the SEC

Types of digital tokens

In the event that digital tokens are divided into several types The rights and benefits of each type are in accordance with the rules governing the issuance and offering of digital tokens set by the SEC Office.

Investing in real estate income streams or underlying assets

The investment must be in accordance with the objective framework in the prospectus and registration statement. This is in line with the guidelines relating to digital tokens with income streams or underlying assets as real estate and the issuance and offering of digital tokens required by law.

Must be real estate that has been completed. ready to be used to provide benefits and is not subject to any real rights or disputes, unless the issuer and offeror are exempted under the rules governing the issuance and offering of digital tokens prescribed by the SEC Office.

having the amount or value of investment in real estate not less than 80 percent of the amount or value of the project or investment property must have an aggregate value of not less than 500 million baht, unless the issuer is exempt from the rules stipulated by the law on the issuance and offering of digital tokens. or otherwise provided by law and permitted to do so

Real estate is subject to a full valuation by an appraiser as required by the Digital Token Issuance and Offering Act.

In the case of investing in foreign real estate Digital tokens issuing and offering must comply with the specific rules stipulated by the SEC regarding the issuance and offering of digital tokens.

Procurement of benefits

The tenant must not use the immovable property for business that is unethical or unlawful.

Payment of benefits to digital token holders

There is a process for allocating returns to investors that complies with the digital token issuance and offering guidelines set by the SEC Office.

Digital Token Holding

Number of digital token holders

The allocation of digital tokens to stakeholders and investors must be in accordance with the holding rate in accordance with the regulations on the issuance and offering of digital tokens set by the SEC.

management

Governance and Internal Control

Digital token issuers and sellers must demonstrate good governance practices and reviewers. including an effective internal audit and control system.

 

If the selection committee Considered and found that the considered digital tokens lack any of the qualifications according to the selection criteria in item 2.3.2 above, the selection committee Such registration will not be allowed in the company’s digital asset exchange, meaning that the registered digital tokens must meet all the qualifications according to the selection criteria set by the company. A resolution of at least 75% of the total votes of the directors required to attend the meeting must be passed. and in the case of equal votes, the chairman of the committee shall be the final judge.

After consideration by the selection committee

The company has a process after consideration by the Digital Asset Selection and Delisting Committee in accordance with the following guidelines.

In the case of the selection committee Registration is not approved

Let the Business Development Department notify the result of the consideration to the issuer and offer for sale. and prepare a detailed record of the consideration of selecting all such assets to be used as the Company’s database

In the case of the selection committee approval of registration

The selection committee An order has been issued to the Business Development Department to prepare for the registration of such digital tokens in the Company’s trading center as follows:

(1) The Business Development Department shall notify the issuer and offer for sale results. with the signing of an agreement between the Company and the Issuer and Offeror with at least the following details and essence:

Issuers and sellers of digital assets must guarantee and certify. (Representations and Warranties) concerning all documents and information submitted to the Company. presence status The legitimacy of conducting business and issuing and offering such digital tokens.

The issuer and offeror are responsible for delivering documents, clarifications, reports and information to the Company on an annual basis. or when there is an important event of the issuer and offer for sale as specified in Clause 3.

The issuer and the offering must agree and agree that the company has the right to consider the revocation of the digital token. It is the Company’s sole discretion and the Company’s decision is final.

The issuer and offeror are responsible for operating and cooperating with the company, for example providing the information necessary to provide services in the digital asset exchange. Cooperation and support in technology especially in case of malfunctions or defects related to such digital tokens. To protect and reduce risks for digital token holders and customers in the company’s digital asset exchange center.

Determine penalties, damages and compensation in case of non-compliance with the contract. Including in the case of actions that cause or may cause damage to the company or its customers

Requires a certifying that there is no conflict of interest between the company and the issuer and the offeror or the proposed project in the due diligence process. The said benefits to the company, the issuer and the offering will notify the company asap.

(2) The Business Development Department shall prepare a detailed record of the consideration and selection of all such assets for further preparation of the Company’s database.

Development of systems to support digital token registration

After the selection committee Considering the approval of digital tokens The company requires the development of a system to support digital token registration. The test is conducted on a virtual sandbox server to ensure the complete and efficient operation of the system and transactions related to the digital token. The company requires two tests: transaction test and interoperability testing with smart contracts or third party applications.

Transaction testing (Transaction)

Requires the Information Technology Department to test with a variety of transaction executions taking into account the possibility of execution of orders that may occur in the actual system, for example, orders of alternating high and low value. The frequency of execution of orders, possibly using an automated order execution system.

 Smart contract/third party application interoperability testing

Where digital tokens are technically connected to smart contracts or third party applications in order for the Company to perform its duties and liabilities to its customers or holders of digital tokens. Therefore, the company has conducted a test of interoperability on a virtual system. To ensure that they can work together effectively and there are no defects in the work that may cause damage to the company or its customers.

After the company conducted a test according to the above guidelines and found no defects in the system and the digital tokens. Let the Information Technology Department develop a real system to support the provision of digital tokens in the company’s trading center in accordance with the tested guidelines. If the Information Technology Department finds a defect (Defect) in the operation of the system and the digital token, the Information Technology Department shall investigate and identify the cause of the defect in order to consider ways to improve or reduce the risk or impact of the error. errors or flaws in safety reliable accuracy and the availability of information systems and to correct deficiencies in accordance with the guidelines shown in the document titled 5.10 – Procurement, development and maintenance of information systems (System Acquisition, Development and Maintenance) and section 5.8 – Security of daily operations in information technology (Operation). Security)

Digital Token Selection Consideration Period

The company evaluates and determines the time period for the selection of digital tokens in accordance with the procedures in this category. according to the details as follows\

 

 

consideration process

Related departments

Processing time

1

The process of considering and verifying the facts about the issuer and the offering

Business Development

7 working days

2

Technical and operational feasibility assessment process

Information Technology and Operations Department

14 working days

3

The process of evaluating the suitability of services provided by the selection committee

Digital Asset Selection and Delisting Committee

1 business day

4

After being considered by the selection committee

 

In the case of the selection committee Registration is not approved (Notify the result of consideration to the issuer and offer for sale)

In the case of the selection committee approval of registration (Provide the signing of the contract)

 

 

Business Development

 

 

 

Business Development

 

 

1 business day

 

 

 

7 working days

5

System development to support digital token registration

Information Technology Department

7 working days

 

Digital Asset Monitoring and Review

Establish a process for monitoring and reviewing issuers and offerings. including digital tokens registered in the company’s trading center By having an annual qualification review and in the event of significant events in accordance with the following guidelines

Quarterly Audit

The issuer and offeror are required to submit important operational and financial information, financial statements and annual reports (if any) of the said fiscal year to the Business Development Department through the channels specified by the Company in Clause 3.3 As a measure to review the qualifications of the issuer and offer for sale

The Company requires the Business Development Department to conduct a qualification review of the Issuer and Offeror and the registered digital tokens. The review shall include an audit of qualifications in accordance with the selection and delisting criteria of the Company’s assets. Fact check on issuers and offerings Consistency between operations and plans and prospectuses including documents submitted by the issuing and offering under Clause 3.1.1 and Clause 3.2 (if any) after such review. Have the Business Development Department collect information and report to the Selection Committee. for further review. The Company requires a regular review at least once per quarter.

In the case where the Business Development Department has reviewed and found that the issuer and offeror or registered digital token has risks or has characteristics in accordance with the Company’s digital asset delisting rules or contrary to the law, rules or regulations of the SEC Office, the Office of the Anti-Corruption Commission, or related regulatory agencies or company guidelines Let the Business Development Department collect information related to such digital assets and report it to the Selection Committee. to consider the delisting of digital assets and proceed further.

Monitoring in the event of an important event or suspicious cause

In the event of an important event of the Issuer and Offeror or registered digital token The company requires the issuer and offeror to submit information and documents to report or clarify such events to the company, as the case may be. and inform the period of time to rectify such incidents as detailed below

 

 

milestone details

document delivery

deadline

 

1

In the event that the issuer and the offering schedule a meeting of the holders digital token

 

The digital token issuer and offeror must provide the company with details and agenda.

Notify the company within 1 day from the date the meeting is called and at least 14 days before the date of the meeting.

 

The digital token issuer and offeror must provide the company with the minutes of the digital token holder meeting.

Delivered within 14 days from the date of the digital token holder meeting.

 

2

The issuer and the offering set the closing date for the digital token transfer registration book. or the date to determine the list of holders

Digital Tokens for Digital Token Holders Conference or give any rights to digital token holders

 

Digital token issuers and sellers must disclose the closing date of the digital token transfer register. or the date to determine the list of digital token holders for the digital token holders meeting or the date of granting any rights to the digital token holders to the company

Disclosure at least 30 days in advance of the closing date of the registration book to suspend the transfer or the date of determining the name list.

 

The digital token issuer and offeror must disclose any changes to the digital token registration book closing date or the digital token holder list date previously disclosed to the Company.

Disclosure such changes to the company at least 14 days prior to the closing date of the register book or the date of determining the name list.

 

3

The issuer and the offering pay or not pay the benefits in return.

Digital token issuers and sellers must provide the company with details.

Notify the company within 1 day from the date the meeting is called and at least 14 days before the date of the payment of compensation.

 

4

The issuer and offeror resolved to reduce the paid-up capital of the project.

Digital token issuers and sellers must provide the company with details.

Notify the company within 1 day from the date of the resolution and at least 30 days before the date of registration of capital increase or decrease.

 

5

The issuer has significantly changed or terminated the contract related to the operation or turnover of the project.

Digital token issuers and sellers must provide the company with details.

Notify the company within 3 days from the date of change or cancellation of the said contract.

 

6

Issuers have significant disputes affecting the operations of the issuer and offeror and the project.

Digital token issuers and sellers must provide the company with details.

Notify the company within 3 days from the date of such dispute.

 

7

The issuer and offeror have made a significant change in accounting policy.

Digital token issuers and sellers must provide the company with details.

Notify the company within 5 days from the date of such policy change.

 

8

The issuer and the seller announced the termination of the project or the company.

Digital token issuers and sellers must provide the company with details.

Notify the company within 1 day from the date of such resolution and at least 90 days before the project termination date or the company

 

9

Issuers and IPOs have asset valuations to be disclosed to digital token holders.

Digital token issuers and sellers are required to provide the company a property valuation report and a recent asset valuation review report.

Filed within the same day that digital token issuers submit such documents to the SEC in accordance with the Digital Token Offering Act. however, this shall not exceed the period of time for submitting information to the Office. SEC as required by the said law

10

The issuer breaches the obligation to settle debt or fails to comply with legal obligations valued from 5% of the Issuer’s total asset value as shown in the latest financial statements or consolidated financial statements.

Digital token issuers and sellers must provide the company with details. and disclose the progress on debt defaults, along with guidelines for resolving such incidents

Notify the company within 1 day from the date of acknowledgment of such breach of agreement.

 

11

Issuers have amended and/or amended the utilization of digital tokens which significantly affect token holders following the initial issuance and offering.

Digital token issuers and sellers must provide the company with details.

Notify the company within 1 day from the date of such resolution and at least 14 days before the expected new product or service release date.

 

12

In any event that exists or may affect the benefits or decisions of investors or on changes in the price of digital tokens

Digital token issuers and sellers must provide the company with details.

Notify the company within 1 day from the date that the board of directors of the issuer is aware of such incident and at least 14 days before the expected date of occurrence.

 

13

Revenue or net profit of the issuer and offer for sale according to any financial statement has a change from the same period of the previous year by more than 20 percent.

Digital token issuers are required to provide management with an interim analysis report and explanation of the causes and key factors leading to the change. and the impact of such factors with financial statements for the company

Notify the company within the same day that digital token issuers submit such documents to the SEC in accordance with the Digital Token Offering Act. However, it must not exceed the time limit for submitting information to the SEC Office as specified by the said law.

 

14

The issuer’s head office has been relocated.

Digital token issuers and sellers must provide the company with details.

within 3 days from the date of such incident

 

15

There has been a change in the issuer’s auditors.

Digital token issuers and sellers must provide the company with details.

within 3 days from the date of such incident

 

16

The issuer and offeror prepare and submit a report showing the financial position and performance of the issuance of securities in accordance with the Securities and Exchange Act.

The issuer and offeror must provide the Company with a report showing the financial base and results of operations as it is obligated under such law.

Filed within the same day that the digital token issuer submitted such documents to the SEC in accordance with the Securities and Exchange Act. However, it must not exceed the time limit for submitting information to the SEC Office as specified by the said law.

 

17

Issuer and offeror prepare financial statements for the fiscal year. and quarterly financial statements (if any) in accordance with the law governing the offering of digital tokens to the public

The issuer and offeror must submit financial statements to the company. The financial statements must be audited by an auditor approved by the SEC Office. and in accordance with Thai Financial Reporting Standards for Public Interest Entities

Filed within the same day that digital token issuers submit such documents to the SEC in accordance with the Digital Token Offering Act. However, it must not exceed the time limit for submitting information to the SEC Office as specified by the said law.

 

18

The issuer and the offering have an annual registration statement in accordance with the law governing the offering of digital tokens to the public.

The issuer and offeror must submit an annual registration statement to the company. It must include a summary of the money utilization and progress of any project or business plan related to digital tokens.

Filed within the same day that digital token issuers submit such documents to the SEC in accordance with the Digital Token Offering Act. However, it must not exceed the time limit for submitting information to the SEC Office as specified by the said law.

 

19

The issuer and offeror provide a report on the use of funds and progress of the digital token-related project or business plan every six months of the fiscal year in accordance with the Digital Token Re-offering Act. population

The issuer and offeror must submit such reports to the company.

Filed within the same day that digital token issuers submit such documents to the SEC in accordance with the Digital Token Offering Act. However, it must not exceed the time limit for submitting information to the SEC Office as specified by the said law.

 

20

The issuing and offering acts or occurs any of the following events:

(1) business rehabilitation

(2) suffer serious damage

(3) to stop doing business in whole or in part;

(4) change the objectives or nature of business

(5) to enter into a contract authorizing another person to have full or partial power in the management of the company;

(6) committing or being acted in a manner of dominance or being taken over by the business under the law on securities and exchange;

(7) Failure to pay debts under digital tokens

(8) materially amend the agreements relating to digital tokens;

(9) An event that causes or may cause the digital token to be cancelled. or liquidating any project, venture or business plan related to digital tokens

The issuer and the seller must submit a report with reasons to the company. The report must include information about the digital token and details of the incident.

Filed within the same day that digital token issuers submit such documents to the SEC in accordance with the Digital Token Offering Act. However, it must not exceed the time limit for submitting information to the SEC Office as specified by the said law.

 

21

The issuing and offering acts or occurs any of the following events:

(1) The results of operations are not in accordance with the information shown in the information documents materially.

(2) The issuer and the offering made use of the money or cryptocurrencies received from the offering materially does not meet the objectives stated in the information sheet.

(3) the issuer and offeror or director or executive of the issuer and offeror fails to comply with the conditions prescribed by the SEC in granting permission. or fails to comply with the obligations disclosed in the digital token offering statement and prospectus;

 

The issuer and the seller must explain in writing. with reasons for the company

delivered to the company without delay in the event of an incident However, this must not exceed 1 day from the date of the incident.

 

22

The issuer and the offering have changed the trustee.

Have the issuer and offer to inform the details of resignation or the resolution to remove the trustee of the digital token holder meeting for the company (depending on the case)

The issuer and offeror shall notify the resolution of appointing a new trustee at the shareholders’ meeting. Digital tokens for companies

Submit resignation details to the company within 3 days from the date of acknowledgment of resignation.

Notify the company of the decision to remove the trustee within 3 days from the date of the decision to remove the trustee

Notify the company’s resolution to appoint a new trustee within 3 days from the date of appointment.

New trustee to the company

 

23

Issuer and offeror amend the founding contract.

Trust in matters that significantly affect investor rights

The issuer and offeror shall provide details of the agenda and minutes of the digital token holder meeting regarding amendments to the establishment contract.

that trust to the company

Submit details and agenda of the meeting to the company within 1 day from the date the meeting is called and at least 14 days before the date of the meeting.

Submit the meeting minutes to the company within 14 days from the date of the digital token holder meeting.

 

24

The issuer and the offering sell the underlying asset of the digital token (Underlying Asset) to close the project.

Have the issuer and offeror provide details of the agenda and minutes of the digital token holder meeting regarding the sale of digital token underlying assets to close the project to the company.

Submit details and agenda of the meeting to the company within 1 day from the date the meeting is called and at least 14 days before the date of the meeting.

Submit the meeting minutes to the company within 14 days from the date of the digital token holder meeting.

 

25

The issuer and the offering change the return benefit and return the capital to investors.

The issuer and offeror shall inform the details of the meeting agenda. and the minutes of the digital token holder meeting on the change in return and return of funds to investors to the company.

Submit the details of the meeting agenda to the company within 1 day from the date the meeting is called and at least 14 days before the date of the meeting.

Submit the meeting minutes to the company within 14 days from the date of the digital token holder meeting.

 

       

 

Disclosure of information, reports or clarifications in accordance with Clause 3.2.1 The issuer and offeror shall disclose or deliver according to the channels specified by the Company in Clause 3.3 in case of force majeure, unable to disclose, report or clarify within the period specified in Clause 3.2.1. Yes, the Issuer and Offeror shall expedite such action within 3 days from the last day requiring the Issuer to disclose, report or clarify information as specified in Clause 3.2.1.

stipulate that the Business Development Department has a duty to monitor the incidents in conjunction with the reports/clarifications received from the Issuer and Offeror pursuant to Clause 3.2.1, including reviewing the qualification of the issuer and offeror or digital token that Register immediately if found or suspected that may be a factor in the delisting of such digital assets, such as an important event in which the issuer and offeror fails to rectify such event within the specified period without any reason appropriate Irregularities or defects in the qualification of the issuer and offeror or registered digital token. customer complaint Legal risks, scams, etc.

In the case where the Business Development Department has reviewed and found that the issuer and offeror or registered digital token has risks or has characteristics in accordance with the Company’s digital asset delisting rules or contrary to laws, rules or regulations of relevant regulatory bodies or company guidelines Let the Business Development Department collect information related to such digital assets and report it to the Selection Committee. To consider the measures for the digital token issuers and offerings in the future

Methods of delivery and information to the company

The company provides a channel for digital token issuers and sellers for data delivery. Notification of details, reporting and clarifications in accordance with Articles 3.1 and 3.2, in particular, by means of specific delivery channels, i.e. the electronic address designated by the Company for electronic delivery. ([email protected]) and the address of the Company for document delivery. The Company assigns the Business Development Department to be primarily responsible for reviewing and monitoring the information of the Digital Token Issuer and Offeror.

Measures if the issuer and offeror violates, neglects or fails to comply with the company’s policies, rules or requirements

In the event that the Company finds that the digital token issuer violates or neglects to comply with the Company’s policies, measures, rules or requirements The Company requires the Compliance Department to collect relevant information with the Head of Compliance Department presenting the information to the Selection Committee. Measures against the issuer and the offering so that the issuer and the offering who have registered digital tokens in the digital asset exchange are a quality company. There is a good management and corporate governance system. This will strengthen the confidence of investors in general. For such measures, the company follows the guidelines as follows. with an example in accordance with Clause 3.4.2

 

Measures if there is a violation

severity level

admonish

Low

Post a sign warning investors in the event that the issuer violates, neglects or fails to comply with the company’s policies, rules or regulations.

Medium

Report to the SEC

High

Delisting from the digital asset trading center

Very High

 

In this regard, the company requires that the selection committee is considered if there is any such violation. The Business Development Department is responsible for notifying the selection committee’s resolutions. and penalties for issuing and offering digital tokens

The Company stipulates examples of violations, neglect or non-compliance with the Company’s policies, rules or requirements and the severity level according to the guidelines in Clause 3.4.1 as follows:

 

Examples of violations, neglect or non-compliance with policies, guidelines or the terms of the company

severity level

Digital token issuers and sellers significantly alter the content of their websites or social media accounts. without notifying the Company of such changes But the change does not have a significant impact on the digital token’s digital token price and trading volume.

Low

Digital Token Issuer and Offeror Disclosure Items Late (within 1 day from the specified date)

Medium

Digital token issuers and offerings have disclosed late disclosures (within 1 day of the due date) multiple times (five times within the last 6 months).

High

Digital token issuers and offerings disclose items that must be disclosed late (from 4 – 30 days from the specified date).

High

Digital token issuers and sellers disclose items that must be disclosed through improper or unauthorized channels by the Company. For example, the issuer may choose to disclose information using an electronic address that has not previously been provided to the Company.

Medium

Digital Token Issuer and Offeror Disclosure Items Delayed (more than 30 days from the specified date)

Very High

The auditor reported no comment on the financial statements of digital token issuers.

High

The digital token issuer and offeror do not pay any compensation as stipulated in the digital token issuance and offer form.

High

The board of digital token issuers and sellers are involved in the use of inside information for the benefit of themselves or others.

High

Digital token issuers and sellers neglect or fail to disclose required disclosures.

Very High

Digital token issuers take actions that affect the price and trading volume of digital tokens without notifying the company.

Very High

It has been found that digital token issuers have intentionally defrauded or misrepresented information contrary to financial and operational disclosures to digital token holders.

Very High

It has been found that digital token issuers issue digital tokens backed by the same assets as the digital tokens of the issuers registered with the company. Regardless of whether such digital tokens provide asset ownership rights or rights to returns.

Very High

 

Selection Committee may consider setting a period for the issuer and offering to rectify the cause of such violation only in the cases specified in Table 4.3.2 by considering the time limit as appropriate, but not more than 1 year and may extend the period no more than 1 year

Digital Asset Delisting Process

Gathering information for consideration

In the event that it is found that meets the criteria for delisting digital assets

(1) In the case where the company finds that the digital token issuer and offeror has the characteristics in accordance with the digital token revocation criteria prescribed by the company in Article 4.3, the Business Development Department shall notify the digital token issuer and offeror to provide an explanation. cause and facts to the company

(2) Let the Business Development Department collect information about the issuer and offer for sale and the relevant digital tokens. including the information obtained from (1) to be presented to the selection committee will consider the revocation further.

In the event that the digital token issuing and offering requests to revoke the digital token (Voluntary Delisting)

(1) in the case where the digital token issuing and offering requests for the withdrawal of digital tokens from the trading center system of the Company; The digital token issuer and offeror shall notify the resolution of digital token revocation of the board of directors or the issuer’s and offeror’s meeting which has the power to make a decision by the date of the said resolution or at the latest by 9:00 am on the day. do next and deliver the following information to the company

The form for requesting the withdrawal of digital tokens from the Company’s digital asset exchanges as per attachment 4.1.2 (a).

Names of independent financial advisors and/or digital token offering system providers who act as advisors and advisers to digital token holders.

(2) The Business Development Department shall review the information received and collect all relevant information for submission to the Selection Committee. for further consideration and approval of the revocation

Digital Token Revocation Consideration

In considering the revocation of digital tokens The selection committee Considering the qualifications and characteristics of the digital tokens and digital tokens issuing and offering whether they are in accordance with the conditions and characteristics of the digital asset delisting criteria under Article 4.3, may request additional information or documents for consideration and do the following

In case there is no characteristic that meets the revocation criteria

If the selection committee Consider and find out who issuing and offering digital tokens. And such digital tokens do not meet the digital asset delisting criteria set by the company. The selection committee Reject the digital token revocation and continue to notify the Business Development Department.

In case it is found that the characteristics meet the revocation criteria

(1) If the selection committee considered and found that the issuing and offering of digital tokens or digital tokens meets one or more of the requirements of the Digital Token Revocation Criteria in Article 4.3, the Selection Committee; may set a period for the issuer and offer to explain the reasons within 3 business hours and set a period for solving the cause of revocation by having the Business Development Department as a follow-up to the operation. Specifies a period for the issuer and offeror to rectify the cause of revocation only in the cases specified in Clause 4.3.2.

(2) If after the period under (1), the selection committee Consider once again whether the grounds for withdrawal have been properly resolved. If the digital token issuer and offeror still meets the digital asset delisting criteria The selection committee It was resolved to withdraw the digital token from the company’s trading center.

Voting on the resolutions of the Selection Committee

In the voting of the selection committee A resolution of at least 75% of the total votes of the directors required to attend the meeting must be passed. and in the case of equal votes, the chairman of the committee shall be the final judge.

Recording and storage

Assign the Business Development Department as the secretary of the selection committee. Prepare a detailed memo about the considerations and resolutions of the selection committee. in writing for further investigation.

Reporting to relevant regulators

Requires the Business Development Department to notify the Digital Token Delisting Resolution to the Compliance Department for further reporting to the relevant regulators.

Investor notification in case of digital token pending delisting

The Company requires that a symbol indicate that the digital token is pending delisting of digital assets in the same way as the notification of changes in digital asset information in the document titled 4.1.5 (2). – Information about digital assets (Digital Assets Information Disclosure). The company also provides investors with notifications of such events via electronic addresses and in-app message boxes.

Conditions and Criteria for Delisting of Digital Assets

The company specifies the conditions and criteria for the delisting of digital assets as follows:

Voluntary Delisting

The digital token issuer has notified the resolution of digital token revocation by the board of directors or the issuer’s and offeror’s meeting which has the power to make a decision by the date of the said resolution or at the latest by 9:00 a.m. on the day. to proceed with the information that must be notified to the Company as follows:

(1) Form for requesting for the withdrawal of digital tokens from the Company’s digital asset exchanges as per attachment 4.1.2 (a).

(2) Name of independent financial advisor and/or digital token offering system provider who acts as an advisor and adviser to digital token holders.

Delisting in the event that the company is found to be in accordance with the digital asset delisting criteria

The selection committee The revocation must be considered in accordance with the following rules:

 

 

Digital Token Revocation Guidelines

1

Issuer and offer to sell off the company

2

The court ordered the receivership of the issuer and the offering for sale*

3

The auditor reported that he did not express an opinion on the financial statements for 3 consecutive years.*

4

The issuer and the offering may have a serious impact on the benefits or decisions of the digital token holder. or to the following digital token price changes*

Violate or fail to comply with any laws, rules or regulations related to the issuance and sale of digital tokens. or rules related to digital tokens with income streams or having underlying assets as real estate as determined by the SEC Office

Disclosure of false information to the Company or to the public in general or not disclosed or there is an error in material information

Take any action or reasonably suspect that may seriously harm the interests or decisions of the digital token holder or to the change in the digital token’s price.

5

The issuer violates or neglects to comply with the company’s policies, rules, regulations and regulations as a digital asset trading center. or unable to report or clarify to the Company in accordance with the rules prescribed by the Company without reasonable cause*

6

The issuer and offeror do not disclose, report, or clarify information to the company in accordance with the rules prescribed by the company.

7

The issuer and offeror cannot proceed so that the grounds for withdrawal are eliminated. or unable to qualify to resume trading (Resume Stage)

8

Issuer and offeror are disqualified according to the company’s digital asset selection criteria*

 

* Selection Committee may consider setting a period of time for remediation of such incidents as appropriate, but not more than 1 year and may be extended for no more than 1 year

 

Preparation of the system for revocation

Designate the Business Development Department as the secretary of the Selection Committee It is responsible for notifying the resolution of the revocation to the Information Technology Department. Digital Token Issuer and Offeror Operations and other relevant parties to prepare a system for digital token delisting in accordance with the guidelines set forth in the digital token issuance and offering statement.

Require departments under Clause 4.4.1 to jointly prepare a clear digital token delisting plan. It must at least specify the timeframe for the delisting process and the date the digital token is withdrawn from the company’s trading center system. and mainly offering digital tokens And when the work plan is finished, the Business Development Department will present it to the Selection Committee. for further consideration and approval of the aforementioned plans

After receiving information and details of plans from the Business Development Department for the Board to consider Consider the roadmap on the suitability and benefits of investors and digital token issuers, if

(1) Selection Committee Approve the work plan – let the Business Development Department continue to proceed in accordance with Clause 4.5.

(2) Selection Committee Disapproval of the plan – the Business Development Department will rectify the plan and present it to the Selection Committee.

Designate the Business Development Department as the secretary of the Selection Committee It is responsible for notifying the resolutions of the approval of the digital token delisting scheme to the relevant parties in order to prepare the system for the digital token delisting according to the said plan.

Disclosure of information to digital token holders

After the selection committee Resolution to revoke digital tokens The Business Development Department is responsible for providing general details of digital token revocation in the Company’s applications. and notify the digital token holder through the electronic address registered with the Company. Such details must be notified at least 30 days prior to the date on which the Company will cease trading of the digital tokens that will be withdrawn from the Trading Center and must contain at least the following information:
digital token details
Reasons and facts of digital token revocation
The date on which digital tokens will be delisted from the trading center system.
Guidelines for the care of the company’s digital token holders It clearly states the period of time for digital token holders to sell digital tokens or implement such digital token holder supervision guidelines.
Company’s contact channels to help investors

Taking care of digital token holders

After the selection committee Resolution to revoke digital tokens and not in the case of the issuer and the offer to sell the company The delisting of digital tokens from the company’s trading center The issuer and offeror must have a reasonable exit approach for digital token holders, for example a mechanism to support the sale of digital tokens to digital token holders in the company’s trading center. Such is the duty of the digital token issuer and offeror, where the company only has a page to compile a list of digital token holders and provide details of such regulation to digital token holders only. However, such digital token holder guidelines require customers to implement the guidelines at least 90 days prior to the date the digital tokens can be taken out of the system.

Digital Token Revocation Processing Period

The company evaluates and determines the period of digital token delisting in accordance with the procedures stipulated in this section as follows.

 

 

consideration process

Related departments

Processing time

1

gathering information for consideration

Business Development

7 working days

2

Digital Token Revocation Considerations

Digital Asset Selection and Delisting Committee

7 working days

3

Preparing the work system for revocation

Business Development

Operations

Information Technology

Digital Asset Selection and Delisting Committee

21 working days

4

Disclosure to Digital Token Holders

Business Development

Information Technology

Must notify at least 30 days before the date the company stops trading digital tokens that will be withdrawn from the system.

5

Digital Token Revocation

Business Development

Operations

Information Technology

The timing is according to the digital token delisting plan. There must be a period of time for the customer to comply with the Digital Token Holder Guidelines for at least 90 days before the date the digital tokens are taken out of the system.

 

Measures to prevent conflicts of interest between providing services as a digital token trading center and a digital token offering system provider

Separation of responsible committees

Determine a separate committee responsible for considering the selection of digital tokens to be offered on the digital token exchange system separately from the committee responsible for the selection of digital tokens to be used. Offered for sale in the digital token offering service system clearly as follows:

(1) The Issuer On-Boarding Committee considers and has the power to decide on the ICO Portal Service to the Issuer and Offeror.

(2) Listing and Delisting Committee considers and decides on the registration of digital tokens in the Company’s digital token trading center (Exchange Service).

The Digital Token Issuance and Offering Committee and the Digital Asset Selection and Revocation Committee shall be appointed separately to enable the Digital Token Selection and Decision making independently. This ensures that the digital tokens to be registered are accurate, safe, and comply with the regulations set by the SEC.

Consideration of providing services to the issuer and offer for sale

Consideration of digital token issuing and offering services

(1) In providing digital token issuing and offering (ICO Portal Service), there is a process of reviewing and reviewing digital token issuers and offerings before every service to ensure that the issuance and offering of digital tokens. The sale is in accordance with the regulations of the SEC, with the Financial Advisory Department conducting audits regarding the digital token issuance and offering program. and the Chief Financial Advisor will present the results of the review to the Issuer On-Boarding Committee.

(2) in considering the resolution of providing services to digital token issuers and offerings; The digital token issuance and offering committee must have a vote of at least 75% of the votes of the committee required to attend the meeting. If the digital token issuance and offering project is found to have conflicts of interest between the issuer and the offering company or shareholders, directors, executives or personnel of the Company to have the Digital Token Issuance and Offering Committee vote on refusing to provide services to such issuers and offerings.

Consideration of registration of digital tokens

In the event that the issuer and the offeror wishes to register the digital token in the company’s digital asset exchange center The company requires the business development department. Operations Information Technology Department and the Digital Asset Selection and Revocation Committee performs the examination and consideration according to the procedures stipulated in Article 2. The Digital Asset Selection and Revocation Committee is a separate committee from the Digital Token Issuance and Offering Committee. As described in Section 5.1, if the Business Development Department or the Digital Asset Selection and Delisting Committee finds that the Digital Token Issuance and Offering Program has a conflict of interest between the Company and the Issuer and Offeror or Token, Such digital companies The request for registration of such digital tokens will be rejected.

Division of divisions (Chinese Wall)

The Company requires that the Financial Advisory and Business Development Departments be separated physically and electronically from the rest of the Company. There will be a separation of information networks. and separate storage space from other departments The Financial Advisory Department and the Business Development Department are required to strictly adhere to the confidentiality policy and can only disclose information about the digital token issuance and offering or digital token registration. necessary (Need-to-know basis). The Company has designated the Compliance Officer to be responsible for monitoring to ensure that measures of separation of departments and confidentiality of information are complied with. company violation of any measure will be examined and punished in accordance with the Company’s internal control guidelines as appeared in the document titled 3.4.3 – System of Internal Control and Prevention of Exploitation from Misdemeanor Operations.

No Return Policy

All personnel of the Company are prohibited from receiving or offering benefits to any person. with digital token issuers and offerings to ensure that their duties are not used for personal gain.

Compensation Policy

It prohibits companies from receiving compensation or fees from providing services to the issuers and offerings of digital tokens as digital assets registered in its exchanges.

Measures for personnel trading of digital assets

prohibits company personnel including persons related to personnel such as ascendants, descendants, siblings of the same parents, spouses, or those living together as husband and wife of the personnel Trading digital assets in the company’s trading system or possessing digital tokens registered in the company’s trading center system. By allowing the Trading Supervision Department to monitor the daily use of trading to ensure that the person complies with the measures of the Company.

Review of policies and guidelines

The Company assigns the Digital Asset Selection and Revocation Committee to review the policies, measures, processes, regulations, rules and guidelines related to the selection and withdrawal of digital assets at least once a year by reviewing and presenting guidelines for developing or improving the selection process. and delisting digital assets to the Board of Directors for consideration, approval and further promulgation
Policy                                      Listing and Delisting Policy

policy drafting                        Business Development

consideration and review                Digital Asset Selection and Delisting Committee

Approval and Declaration               Board of Directors

 

Personnel training

Require training for personnel of the company involved in order to be aware and understand about the policies and measures for the selection and delisting of digital assets. including the importance roles and duties of personnel and penalties for violation By training to be carried out regularly at least once a year or training before starting work if it is a new staff member.

Attachment 4.1.2 (a) – Sample of digital token withdrawal request form from the company’s digital asset exchange center

 

 

<< exhibit >>

 

 

Attachment 4.1.2 (b) – Information and supporting documents for digital token registration

 

The Company requires the issuer and the offering to submit the following information and documents to the Company in its entirety. for consideration of digital token registration in the company’s trading center system

 

Due Diligence Checklist

1. Documents relating to the issuance and sale of digital tokens

1.1

a

Whitepaper document

 

b

Digital Token Issuance and Offering Registration Form (Offering Memorandum)

 

c

Prospectus

1.2

 

A document or evidence issued by the SEC stating that the SEC has authorized the issuance and sale of digital tokens to the public.

1.3

 

A document or evidence issued by a digital token offering system provider approved by the SEC that shows that the digital token offering system provider has considered and agreed. that the digital token offering is in accordance with the rules set by the SEC and can be offered through the service provider’s system

2. Financial information

2.1

 

Latest company financial statements or last 3 years financial statements (if any)

2.2

 

Monthly report of operations in the most recent fiscal year or the last 3 years (if applicable)

2.3

 

Balance sheet and cash flow statement

 

a

All off-balance sheet assets and liabilities (including the latest balance) and off-balance sheet causes

 

b

Cash Collection Period and average daily debt collection period from other debtors (Debtor Collection Period)

 

c

Schedule for payment of all debts and expected date of payment

 

d

The results of a quarterly analysis of working capital trends in the last fiscal year and the last 3 fiscal years.

2.4

 

Financial Model in Excel format

3. Legal and Corporate Governance Documents

3.1

 

Company’s shareholder structure by specifying the names of shareholders who are the first level of 50 percent or more, who are considered the major shareholders and the shareholders in the next level of the major shareholders In considering the shareholding in the next fry Consider the proportion from 50 percent or more at every level until a list of natural persons who hold shares at the last level can be identified. holding shares of 50 percent or more

3.2

 

organizational chart

3.3

 

List of Directors including the address and passport number of each director

3.4

 

Shareholding Structure and Details of Shareholding

 

a

Issued and paid-up share capital divided into different types

 

b

Names, addresses and passport information of each shareholder and Beneficial owners, detailing the number and types of shares held by the Nominee or Trust Arrangement (if applicable).

 

c

Details of any other expenses or obligations related to the shares

 

d

contract details Warrant Accrued conversion rights or conversion rights not yet complete or has not exercised the right in connection with the subscription or purchase of shares in the Company

 

e

details of any rights (whether applicable now or in the future) to demand the allocation, issuance, sale or transfer of share capital in the Company, whether or not it changes the Company’s control.

3.5

 

Copy of Memorandum of Association and Articles of Association of the Issuer and Offeror Company Registration Certificate and all relevant charter documents including all edits made to date

3.6

 

details of any agreement of shareholders (whether legally binding or not) or any other agreement or memorandum relating to the management of the Issuer’s business, project or affairs.

3.7

 

Certificate of Good Standing, including proof of tax payment in the country of operation and the country in which it is permitted to do business

3.8

 

Documents showing tax returns in the most recent tax year or the last 3 tax years (if applicable).

3.9

 

Minutes of the Company’s meeting with the resolutions of the shareholders and the board of directors of all issuers and offerings

4. Asset Documents

4.1

 

Details of all properties in both Freehold and Leasehold formats (including address Approximate area rental terms and valuation)

4.2

 

Details of the main assets of the company

4.3

 

Details of mortgages, costs, options, rights of acquisition, transfer of rights, monopoly or other obligations of the real estate entity. and company assets

4.4

 

Details and copies of the lease agreement and the contract of material equipment

4.5

 

Details of the main assets subject to the factoring agreement hire purchase contract conditional sales contract management or maintenance contract with a copy of the said contract

5. Liabilities Documents

5.1

 

Details of all available loans (including loans to shareholders or directors), borrowing from other facilities up to date for the benefit of the business including copies of all relevant documents

5.2

 

Details of warranties, liabilities or guarantees that the issuer and offeror perform for the benefit of other business operators including copies of all relevant documents

5.3

 

Details of outstanding liabilities (Including contingent liabilities (Contingent Liabilities)) arising outside the normal business of the Company.

6. Intellectual Property

6.1

 

Details of all intellectual property rights used by the issuer and offeror (including details of proof of payment for the intellectual property rights and the intellectual property license agreement)

6.2

 

Copies of contracts and any documents related to the creation, creation, or transfer of technology to the issuer and offeror.

6.3

 

List of employees or consultants who have not signed a confidentiality and fabrication agreement. including any time period that employees or principal consultants provide services to the Company without being bound by such agreements;

6.4

 

Copies of confidentiality and fabrication agreements signed by employees and key personnel.

6.5

 

List of Patents, Copyrights and Trademarks

7. Insurance

7.1

 

Details of all insurance the company cares about its business, property or key personnel.

7.2

 

Details of claims made according to past and pending insurance policies

8. Business license

8.1

 

Details and copies of the licenses or consents issued by regulators or competent authorities to enable the issuer and offer to continue its business.

9. Dispute

9.1

 

Details of claims or litigation by or against the issuer that are valued above or likely to be above $25,000.

9.2

 

Consent, injunction, judgment, settlement agreement Any other commands that are similar

10. Technology (if applicable)

10.1

 

Details of the main technology of the issuer and the offering including the core components of the technology (tech stack)

10.2

 

Key areas where companies may apply for intellectual property protection

10.3

 

Competitors of the issuer and the offering or technology that competes with the technology of the issuer and the offering including the identity of the issuer’s technology

10.4

 

Details of the framework of the issuer’s software/technology development including methods for developing software and assigning and approving software versions.

11. Additional information

11.1

 

Details of any material changes that have occurred or may occur in the financial condition or performance of digital token issuers

11.2

 

Business overview and fundraising