The Thailand Securities and Exchange Commission has secured a Criminal Court order extending the asset freeze on five accused persons in the JKN Global Group Public Company Limited case. The freeze, which had been due to expire on 23 June 2026, will now remain in place for a further 180 days from that date. The measure covers JKN and four individuals accused in the case. The original 180 day freeze was imposed under Section 267 of the Securities and Exchange Act B.E. 2535 (1992) through SEC orders issued on 25 December 2025. In seeking the extension, the SEC argued that the alleged offenses may harm the public interest and that there were still reasonable grounds to believe the accused could transfer or dispose of assets if the freeze lapsed. The Criminal Court approved the extension on 19 June 2026.
Thailand Securities & Exchange Commission2026-06-23
Thailand Securities and Exchange Commission obtains 180 day extension of asset freeze for five accused in JKN case
The Thailand Securities and Exchange Commission obtained a Criminal Court order extending the asset freeze on five accused persons in the JKN case for another 180 days from 23 June 2026. The SEC said the extension was needed because the alleged offenses may affect the public interest and there remained a risk that assets could be transferred or disposed of.