Bangkok, Tuesday 7 August 2018 - SEC has warned investors about entering into investment contracts with Ronghui International Service Co Ltd. (“RongHui”) , as the company lacks SEC approval for debt securities offering. Without the official permission from SEC, offering of new securities to the public is unlawful.
SEC has received information that Ronghui has invited retail
investors to join certain investment by informing that their money will reinvest
in real estate projects or investment
projects of other companies, which offer high returns along with having minimum
investment amounts and an investment period no more than one year. Promotions
such as financial rewards or bonuses are also being publicized through
telephone, leaflets, brochures, event booths at office buildings and Facebook
advertisements.
Such acts may be unlawful and constitute an offence of luring
and offering unauthorized securities products to the public without official
permission from SEC. Investors are warned not to believe the advertised projects
when approached to enter into investment contracts with Ronghui in the manners
described above.
Investors can find information about issuers
that are approved from SEC for securities offering at SEC website www.sec.or.th. To
report any suspicious investment schemes, please dial SEC Help Center on 1207. Meanwhile, SEC has
ordered Ronghui to stop luring investors to the advertised projects.
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