#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018197

Mitsubishi Motors (Thailand) Co., Ltd., in collaboration with the Ministry of Public Health, Electricity Generating Authority of Thailand (EGAT), and Thailand Greenhouse Gas Management Organization (TGO: public organization), held a memorandum of understanding (MoU) signing ceremony for a new environmental project called ‘Solar for Lives’.

In partnership with Thailand’s Public Health Ministry, EGAT, and TGO, Mitsubishi Motors (Thailand) has invested 60 million baht to provide solar panel systems, including yearly maintenance, to generate electricity for 40 community hospitals countrywide by 2032.

The solar panels can generate electricity up to a 25-year period. The project will help reduce the hospitals’ carbon dioxide (CO2) emissions more than 17,300 tons over the next ten years. Furthermore, it will reduce the electricity expenses up to 400,000 baht per year for each hospital.

At the MoU signing ceremony, Mr. Eiichi Koito, President & CEO of Mitsubishi Motors (Thailand) remarked: “As a part of Thai society, we want to see the better lives of Thai people. ‘Solar for Lives’ project has been initiated as our CSR direction ‘To contribute and grow with Thai society’ in three areas: Education, environment, and health. The project will provide Thais better health through supported hospitals while creating a better environment towards carbon neutral direction.”

“Our company has a clear direction and consistent actions towards a carbon-neutral society,” he added. “We installed solar panels at our production facility’s rooftop in Laem Chabang, Chonburi, reducing C02 emissions by more than 6,100 tons per year. Our Outlander PHEV is the most environmentally friendly vehicle, according to the Life Cycle Assessment (LCA). In addition, we also support carbon emission reduction through 60 Years 60 Rai reforestation project.”

Community hospitals to receive solar panels have been selected based on the recommendations by the Public Health Ministry, their power requirements, and physical structure. Nam Phong Hospital in Khon Kaen province will be the first hospital to be equipped with solar panels.

Dr Thongchai Keeratihattayakorn, Public Health Ministry Deputy Permanent Secretary, said: “Hospitals use a huge amount of energy for 24/7 operations. With stable electricity from solar panels, community hospitals can increase the efficiency of medical services and minimize the gap in healthcare access for people in surrounding communities. This project can support the Ministry’s missions by creating sustainable energy for hospitals, in line with the government’s strategic direction towards a carbon-neutral society.”

Under the ‘Solar for Lives’ project, Mitsubishi Motors Thailand has recently donated the first solar system to Namphong Hospital in Khon Kaen, while the second solar system went to Phaya Mengrai Hospital in Chiang Rai province.

Besides the solar systems, Mitsubishi Motors Thailand has also lent one unit of Mitsubishi flagship electric car, Outlander PHEVs, to each hospital to be used for their medical services. This environmentally friendly vehicle can provide a maximum 1,500 watts of power for electrical appliances for outdoor activities. The Mitsubishi Outlander PHEV does not only provide a reliable source of electricity in an emergency or blackout, but it can also be an alternative option for medical personnel who travel to nearby communities in a 20-kilometre range to provide medical treatments, as the vehicle has an electric-only range of up to 55 kilometres in addition to a hybrid range of over 500 kilometres.

Mitsubishi Motors Thailand commits to its environmental goal of supporting Thailand in becoming carbon neutral. There are a number of green programmes in place to reduce carbon emissions throughout all of the manufacturing operations, including Reforestation, Solar for Lives project, and the production of the electric car – Outlander PHEV that made its debut in Thailand in 2020. The company also installed a rooftop solar system at its Laem Chabang factory in Chonburi, the largest manufacturing centre outside of Japan, which can reduce carbon emissions about 6,100 tons per year.

Published : July 27, 2022

By : THE NATION

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018033

Moving Khon Kaen closer to becoming a smart city

Toyota Khon Kaen (TKK Group) has joined hands with Plus Property in implementing the state-of-the-art security and building engineering system “LIV-24” at 13 Toyota’s service centres in the Northeastern region.

This is an important step for the private sector in adapting modern technology to improve business operations and moving Khon Kaen closer to becoming a full-scale smart city under the government’s ‘Khon Kaen Model’ project.

Kamolpong Sanguantrakul, chief executive officer of Toyota Khon Kaen Ltd, (TKK Group) said “This year Toyota Khon Kaen celebrates its 65th anniversary in serving customers in Khon Kaen, Loei, and Buri Ram. We have 13 service centres in three provinces, aiming to provide one-stop service for automobiles and other transport-related matters. We also offer career development opportunities for technicians so that they can further their training at the international level.”

“Toyota Khon Kaen has been adapting to changes and improving our systems over the years, especially the ‘back system’ which is the heart of our business operation. We seek to implement modern technology that helps improve our efficiency as well as set up standardized administration systems with key performance indicators. This is the reason why we choose the technology and expertise from the LIV-24 team to strengthen our business,” he said.

Kamolpong added that as Toyota Khon Kaen prioritizes customer experience, the company aims to ensure that one-stop service at all branches is of the same standard. “To achieve this, we need a central information centre to collect and analyze customer data and use it to develop marketing strategies as well as products and services that serve customer needs. This centre will also help in system planning to prepare for future business expansion,” he said.

“The LIV-24 team has provided us with specialized expertise in security technology and helped strengthen our basic infrastructure with building engineering system to make Toyota Khon Kaen service centres the best service centres in the Northeastern region. This improvement aligns with the government’s Khon Kaen Model project, which aims to improve the province’s infrastructure in a bid to develop Khon Kaen into a smart city. As a private sector, we are proud to be a part that contributes to the development of the Khon Kaen city through the improvement of the organization, personnel, and environment,” added Kamolpong.

Niramol Direkmahamongkol, senior director at Plus Property Co Ltd’s LIV-24 Living Technology Division, provider of LIV-24 smart security system, said “LIV-24 is a 360-degree, real-time 24-hour security system trusted by Toyota Khon Kaen to be implemented in 13 service centres. Our team has surveyed and analyzed the centres and set up a standardized security platform to prevent possible risks. We have utilized the latest technology in security and IoT (Internet of Things) to maximize the efficiency of service centres’ operations. Our system has helped minimize personnel administration issues as well as reduce the cost of equipment maintenance with 24-hour monitoring and alarming capability.”

Niramol added that the specialized team has been deployed to survey the buildings in all aspects related to security and engineering, and each branch will be graded by a security scoring system to determine a suitable improvement plan. “The technology we use will help reduce human errors and improve the overall performance of security guards. The Guard Tour technology has been implemented in areas that need frequent patrolling and inspection. If security guards fail to visit these areas, the system will immediately alert the Command Centre, after which the LIV-24 team will coordinate with the site supervisor to fix the issue promptly,” she added.

“As for the building engineering aspect, LIV-24 team has installed CCTV analytic and access control systems in the controlled areas or to safeguard valuable items, such as in the storage room to ensure an efficient inventory control and minimize unauthorized part checkout,” she said. “We have also installed the License Plate Reader (LPR) system to scan vehicles entering and leaving the service centres, whereas the CCTV 360 system will take photos of the customer’s vehicle from all angles to compare the conditions before and after service to ensure the highest security. In the showroom, there will be CCTV fisheye cameras that monitor all corners, while sending data to the central information centre for analysis.”

“With the help of IoT technology, LIV-24 system can monitor the building in real-time and can detect any malfunctions immediately, including errors in lighting, air-conditioning, elevator, water pump, air pump, and fire alarm systems. This will help maximize operational efficiency and reduce the risk of equipment malfunctions. It also helps in the planning for building maintenance, fire evacuation drill, and fire extinguisher inspection at suitable intervals. The system can also evaluate risks from external factors to the building structure such as natural disasters, accidents, sound pollution, and dust that could affect the environment in the surrounding communities,” said Niramol.

“With our expertise in the security field, combined with state-of-the-art smart technology, the LIV-24 smart security system can efficiently help TKK Group minimize risks and build confidence among customers who visit the 13 service centers of Toyota Khon Kaen,” she added.
 

Published : July 27, 2022

By : THE NATION

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018180

Thais are the top adopters of preventive health habits since Covid-19 emerged, according to results of a regional survey revealed on Tuesday.

Thais are the top adopters of preventive health habits since Covid-19 emerged, according to results of a regional survey revealed on Tuesday.

Conducted by Philips on 4,000 respondents in Singapore, Indonesia, South Korea and Thailand, the survey found the pandemic appears to have changed health habits of Thais more than those of their Asian peers.

Thais topped the region for post-pandemic uptake of preventive health habits with 51 per cent of respondents prioritising health over work, said Viroj Vithayaveroj, chairman and managing director of Philips (Thailand). The average uptake in other Asian countries surveyed was just 40 per cent.

The survey found that 62 per cent of Thais now read up more on health, compared to 45 per cent in other countries. Meanwhile, the number of Thais who use health devices for personal monitoring has risen by 43 per cent, compared to 30 per cent elsewhere, said Viroj.

The pandemic seems to have encouraged greater prioritisation of preventive health in Thailand than other countries in the region, he commented.

In further good news for Philips’ electrical appliance business, 70 per cent of respondents across the region said they would and use personal health technology and devices to track their general health in the next three years.

When choosing a device, 53 per cent cited the ability to customise it to individual health goals as a key factor, alongside data accuracy (70 per cent), low cost (65 per cent), health tracking parameters (60 per cent), and durability (48 per cent).

Viroj said the regional personal care appliance market grew 3 per cent in 2021. Oral healthcare products recorded the highest growth of 5 per cent.

The company is now integrating business strategies with strong product portfolios to help our Personal Health business grow. Several new products with enhanced functionality will be introduced later this year.

In 2021, Philips generated 17.2 billion euros in global sales and employed about 79,000 people in more than 100 countries.

Published : July 26, 2022

By : Nongluck Ajanapanya

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018178

Thailand’s wellness industry expects to see a boost in the food supplement and exercising segments, but not so much in health foods, an industry expert said.

Asst Prof Dr Patana Teng-amnuay recently said that he expected the wellness industry to gain more customers in the food supplement and exercising segments, as more people are becoming health conscious and are willing to spend time and money to take care of themselves.

“Furthermore, these supplementary products are widely available in modern markets. Meanwhile, exercising businesses will also see more audiences as people are eager to get in shape,” said Patana, who is the dean of College of Integrative Medicine (CIM) at Dhurakij Pundit University (DPU).

“However, the health food sector will see a relatively lower response due to the general belief of people in society that healthy foods do not taste good,” he added.

Patana added that he believed the wellness industry in Thailand still has potential to grow in the future, especially with the government’s policy to make Thailand a destination and hub for wellness and medical tourism.

DPU, as Thailand’s leading knowledge centre in wellness and anti-ageing medicine, is hosting Asean’s largest wellness academic forum “H.E.A.T. Anti-ageing Congress 2022” from August 18-20 at The Athenee Hotel, Bangkok.

The three-day annual international congress will be the sixth time in the series and features the latest industry news and first-hand knowledge on the reversal of chronic diseases and anti-ageing delivered by international medical experts.

This year’s congress will also be a reunion of over 30 speakers from the fields of anti-ageing and aesthetic medicine. More than 600 participants interested in the wellness industry, including to trending fields like wellness management and wellness tourism, are expected to attend the event.

Oiga Vita will speak on “Vitality Project, 3×3 System of Natural Healing”, Dr Narinthorn Surasinthon on “Trend in Medical Wellness Equipment”, and Dr Brian Kunakom on “When Fitness Meets Cancer Survivors”.

Published : July 26, 2022

By : THE NATION

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018150

Siam Piwat finalizes an interest rate for its Perpetual Bond at 5.50 per cent per annum for the first five years, payable quarterly. The bonds will be offered to institutional and high net worth investors during August 4-5 and 8-9, showcasing the strength of the company’s long-standing success of business operations for the past 63 years as a world-class real estate and retail developer.

Siam Piwat, a leading real estate and retail developer, disclosed that the company has decided to issue subordinated perpetual bonds, which is an equity-like instrument and redeemable upon dissolution with the issuer’s right to early redemption and unconditional interest deferral, to institutional and high net worth investors.

Rationale behind the offering of perpetual bonds is 1) the perpetual bond is treated as equity for the issuer, and 2) the bonds have a call option feature to the company to redeem them all after the end of year 5. This provides the company’s flexibility to exercise the call option when the credit rating agency stops giving an equity credit to perpetual bonds after the end of 5 years. Institutional and high net worth investors are therefore invited to take part in the company’s success and strength which were jointly built by the company’s shareholders, management, employees and business partners in the past 63 years.  

The company has set the perpetual bond’s coupon rate at 5.50 per cent per annum for the first five years, payable quarterly. The perpetual bonds will be offered to institutional and high net worth investors during August 4-5 and 8-9, with the minimum subscription amount of 1,000,000 baht or a multiple of 1,000,000 baht. 

Siam Piwat was assigned a company rating of “A-“ with a “stable” outlook, and the perpetual bonds were rated “BBB” with a “stable” outlook by Tris Rating Company Limited as of June 30, 2022. The investment grade ratings reflect Siam Piwat’s creditworthiness, and strengths in every aspect starting from its finance, business operation, teamwork, management to all employees who have fully devoted to the company. Recognized for its vision to foster a distinctive identity to be the number one in the real estate and retail industries, Siam Piwat has achieved tremendous business success to become the owner and operator of world-class projects such as Siam Paragon, Siam Center Siam Discovery, and one of partner and owner of ICONSIAM and Siam Premium Outlets Bangkok, enabling the company to have a robust high-spending customer base both domestically and internationally.

Regarding the company’s financial status, Siam Piwat has placed an importance on maintaining its financial liquidity and monitoring its financial discipline in many aspects. This includes managing its interest-bearing debt to equity (IBD/E) in line with the policy. As of December 31, 2021, IBD/E was at 0.99 time (following the audited financial statements). The company has maintained its profitability and high liquidity in the midst of COVID-19 outbreak, which is a reflection of its efficiency in managing a high occupancy rate, effective cost management and business adjustment.
 

For the purpose of this issuance, Siam Piwat will use the proceeds to pay for the leasehold on land and improve all of its shopping centers to strengthen its core businesses and better cater to lifestyle of the future, as well as to expand towards various businesses in the new economy, while creating digital platforms that will connect its core businesses to new endeavors in collaboration with partners in its ecosystem. In addition, the company aims to leverage its expertise and experience in the management of shopping centers, office buildings, and residential buildings to further expand its real estate service business in the next 1-3 years.

However, the perpetual bonds have a similar characteristic to preferred shares, which means an issuer can defer interest payments. Therefore, investors should carefully consider to invest in a company which has strong creditworthiness, strong financial status, strong shareholders’ structure, and proven management team. 

To the question of how to exit the bonds, the investors can contact the commercial banks and/or the securities companies where they can provide assistance. Investors may experience either profit or loss in selling all bonds/debentures depending on the market conditions and prevailing mark to market price which can be seen on Thai Bond Market Association website. It takes time to place the bonds over the counter; thus, Investors are urged to contact the banks and/or the securities firms in advance prior to your needs.             

For more information, please contact the underwriters of this Perpetual Bond at: 
1.    Siam Commercial Bank Plc, Tel. 02-777-6784
2.    Thanachart Securities Plc., Tel. 02-779-9000
3.    KGI Securities (Thailand) Plc., Tel. 02-658-8951
4.    Asia Plus Securities Co., Ltd., Tel. 02-680-4004
5.    IV Global Securities Plc, Tel. 02-658-5788

Investors can learn more details from the filing form and the draft prospectus at: https://market.sec.or.th/public/idisc/th/Product/Filing/PL-0000007288/XX-XX-X-00000000-00000000-X.
 

Published : July 26, 2022

By : THE NATION

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018143

Thailand’s saving market is projected to grow at an exponential rate as middle-income people and the younger generation seek to increase their wealth through investment, a leading asset manager said on Monday.

The country’s saving and investment market is now the most promising in Southeast Asia, said Eastspring (Thailand) Asset Management CEO Adisorn Sermchaiwong.

Eastspring is the sixth-largest asset manager in Thailand with assets under management (AUM) of around 342 billion baht for a 7 per cent share of the market.

Adisorn was speaking as he launched the firm’s new investment products aimed at tapping the changing investment landscape.

He said more and more people were realising that simply saving money in the bank will not be sufficient for retirement given the country’s lack of pension-style welfare. They would have to seek alternative methods of accumulating and securing their wealth.

However, Thailand’s stock and bond markets could not fulfil this need, he said, adding that to maximise their returns, Thais must become part of the global investor community.

“Between 2015 and 2021, the average annual return on foreign investment was as high as 11.5 per cent, compared to only 4.7 per cent on Thai stocks,” Adisorn said.

To tap that opportunity for new investors, Eastspring has merged its freshly acquired Thanachart Fund and TMB Asset Management. The firm’s new strategic focus will be global investment access with an emphasis on Asia, while providing market insights and a holistic approach with a variety of assets to invest in.

Eastspring currently offers six categories of assets: local equity, fixed income, alternatives assets (property, commodities), foreign investments, tax saving (LTF, RMF, SSF) and investment solutions.
 

The new strategy focuses on foreign investment and investment solutions, advising investors on how to balance their portfolios.

“Our primary responsibility now is to educate Thai people about investment and wealth management so that they can invest wisely and reap the benefits,” said Eastspring’s CEO. “We will collaborate with our partners, such as banks and other financial institutions, to hold monthly online seminars to educate our.”

Eastspring expects the global market to remain volatile due to global uncertainty, high inflation, and geopolitical tension. However, it adds that opportunities still exist in some markets; Thai investors simply need to do more research and consult a reputable asset management firm.

Despite the global economic slowdown, Eastspring has set an AUM target of 400 billion baht for this year, Adisorn added.

Published : July 25, 2022

By : Nongluck Ajanapanya

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018133

Bangkok, July 25, 2022 – Bitkub Blockchain Technology, Bitkub Chain developer and Blockchain Total Solution Provider, together with KOI Thé Thailand, the premium bubble tea originated in Taiwan with total 57 branches in Thailand, revolutionize the beverage and milk tea industry by using blockchain technology and non-fungible token (NFT) in the privilege redemption campaign called “NFT(ea) Hunting”.

Some experts would say that blockchain technology could be a part to drive both physical and digital economy. Now, blockchain technology is interested by several business sectors including manufacturing, finance, production, agriculture, mining, etc. Not only blockchain technology could revolutionize the business sector, but it could also facilitate the government sector and the citizens.

Under the cooperation between KOI Thé Thailand and Bitkub Blockchain Technology, both blockchain technology and non-fungible token (NFT) will be used in the campaign. Users can collect special limited NFT designs to redeem special drinks and other prizes from KOI Thé Thailand. There are a total of 400 special designs and 1,550 normal designs in these special NFT collections. 

To redeem special drinks and rewards from KOI Thé Thailand, follow these steps:
1.    Register for digital asset wallet account (Bitkub NEXT) to keep the NFT(s) and KOI Leaf Reward account as a medium of payment.
2.    After the registration, users can use KOI Leaf Reward account to pay for the drinks and will receive NFT limited edition as a reward on digital asset wallet (Bitkub NEXT).
3.    After the payment, users will receive a redemption code on the receipt, which can be redeemed on the Bitkub NEXT account.
4.    Users who collect all six of the NFTs can redeem the grand prize at Bitkub NFT platform.
 

Follow for more news and updates of Bitkub Chain 
Website : https://www.bitkubchain.com/ 
Facebook : https://www.facebook.com/bitkubchainofficial 
Twitter : https://twitter.com/bitkubchain 
Discord : https://discord.gg/WkJ6j279
Telegram : https://t.me/+jiM6dAP5cxUzZTM1

and KOI Thé Thailand
Website: https://www.koithe.com/en/global/koi-thailand
Facebook: https://www.facebook.com/koithethailand/
Instagram: https://www.instagram.com/koithethailand
LINE OA: @koithethailand
Download Application “KOI The Thailand” on App store or Google Play Store (IOS or Android)
Link: https://uqr.to/klrth

#BitkubNFT #BitkubChain #PoweredbyBitkubBlockchainTechnology #Blockchain #KOITH6 #KOIYourDailyBeat #KOITheThailand
 
 

Published : July 25, 2022

By : THE NATION

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018129

The Securities and Exchange Commission (SEC) on Monday held discussions with the Department of Special Investigation (DSI) and the Economic Crime Suppression Division about possible lawsuits against Zipmex Thailand.

SEC secretary-general Ruenvadee Suwanmongkol led some SEC senior officials in a meeting with the DSI and economic crime suppression officials at the DSI head office on Monday morning over the Zipmex Thailand debacle.

After the meeting, the SEC announced that the three agencies had agreed to join forces to investigate the case as “it may cause a lot of damage to investors”.

The SEC announced that the three agencies would also consider whether Zipmex Thailand had violated other laws apart from the digital assets business act, which is under the SEC’s jurisdiction.

So far, Zipmex Thailand has not yet formally announced the exact amount of damage to its customers, who had deposited their cryptocurrency coins in the ZipUp+ product of Zipmex Global via Zipmex Thailand.

Zipmex Thailand said all the deposits in the ZipUp+ have been frozen because two related crypto exchanges, Babel Finance and Celsius, had suffered a liquidity crunch. Celsius has gone bankrupt. Zipmex Thailand said it would sue Babel Finance for the return of its customers’ digital assets.

Published : July 25, 2022

By : THE NATION

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/pr-news/business/40018128

With more than 70 million doses delivered to Thailand since the pandemic began, AstraZeneca’s COVID-19 vaccine is estimated to have prevented 141,007 deaths locally, an independent assessment of vaccine effectiveness shows.

James Teague, Country President, AstraZeneca (Thailand) Ltd., said: “AstraZeneca’s COVID-19 vaccine has proven to be highly effective in protecting against severe illness and death, and has saved a significant number of lives across Thailand since the pandemic began. Our top priority in Thailand continues to be supporting vaccine and booster coverage, with COVID-19 vaccination remaining the fastest route to national health and economic recovery.”

The analysis conducted by Airfinity, a health data firm, covers the period from 8 December 2020 to 8 December 2021. The data showed that globally, the AstraZeneca vaccine is estimated to have saved more than 6.3 million lives.

Since the pandemic began, AstraZeneca and its global partners have released more than three billion vaccine doses to more than 180 countries, and approximately two-thirds of these doses have been delivered to low- and lower-middle income countries. 

AstraZeneca’s vaccine, which is a viral vector vaccine, and mRNA COVID-19 vaccines, both provide high protection against hospitalisation (91.3-92.5%) and death (91.4-93.3%) after two doses regardless of age, with no statistical difference between them.
 

Published : July 25, 2022

By : THE NATION

#SootinClaimon.Com : ขอบคุณแหล่งข้อมูล : หนังสือพิมพ์ The Nation.

https://www.nationthailand.com/business/40018123

The Securities and Exchange Commission (SEC) has launched an online form to receive complaints from customers of Zipmex Thailand who have lost their digital assets.

The SEC announced on Monday that after Zipmex Thailand suspended withdrawal of baht and digital currencies deposited in Z Wallet, which is linked with the ZipUp+ product, the SEC had demanded an explanation from the platform.

The SEC said it had also instructed Zipmex Thailand to provide efficient and adequate channels for its customers to file complaints.

The SEC itself wants to make it more convenient for customers of Zipmex Thailand so it has provide an online filling form as well, it said.

The form requires Zipmex Thailand users to fill in their names, citizen or passport ID, phone number or email address, and types and amount of damage.

On July 20, Zipmex Thailand suspended trading on its platform for two hours to disable ZipUp+ from the platform.

Zipmex Thailand CEO Akalarp Yimwilai later issued a Facebook Live announcement that ZipUp+ was a product of Zipmex Global, a key partner of Zipmex Thailand. He said Zipmex Global had deposited coins in ZipUp+ with two crypto lenders, Babel Finance and Celsius, who have suffered a liquidity crunch and could not return the digital assets.

Akalarp said he would sue Babel Finance and Celsius to try to get back the digital assets of Zipmex Thailand’s customers.

Published : July 25, 2022

By : THE NATION