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SEC public warning of solicitation for investment with Argyll Technologies



Monday 27 January 2020 | No. 16 / 2020


Bangkok, 27 January 2020 – SEC is advising the public to be cautious if solicited to invest with Argyll Technologies Co., Ltd. because the company is not licensed to undertake securities business, derivatives business or digital asset business.

According to investors’ tips and SEC’s investigation, there are public solicitations for investment with Argyll Technologies via individuals and online media channels such as company website and Facebook.

SEC hereby notifies that Argyll Technologies is not licensed to undertake securities business or derivatives business or digital asset business; therefore, the company is not subject to SEC’s supervision. In this regard, investors are advised to exercise discretion in case of encountering solicitation for investment with the company.

In any case, investors can check the list of securities business operators which have been licensed or registered properly at www.sec.or.th and “SEC Check First” application. In addition, investors can inquire or send a tip on suspicious acts to SEC Help Center via 24-hour Hot Line at 1207 for further inspection. Any act found to be liable to an offense under the Securities and Exchange Act B.E. 2535 (1992), the Derivatives Act B.E. 2546 (2003) or the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018) may be subject to legal action under such relevant laws, with both imprisonment and fine penalty. In case of an act liable to violation of other laws, SEC will cooperate with relevant agencies for further proceedings.

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