offenders and accomplices.” ______________________Remark: *SEC News No. 116/2023: “SEC files a criminal complaint against 10 offenders with the DSI for falsifying STARK financial statements, making
The SEC’s examination of facts in this case has led to the consideration that Zipmex disseminated or certified information that were potentially misleading in substance regarding digital asset prices. It was found that the information on the price and trading volume of Zipmex Token (ZMT) disclosed on *Zipmex’s digital asset exchange website was inaccurately and inconsistently presented to investors, the general public and the SEC. For example, the website did not show the trading prices fo...
The SEC received information from the Stock Exchange of Thailand (SET) in October 2024 and later conducted further investigation into an interview given by Mr. Boon Vanasin to a media outlet on 25 September 2024. In the interview, he stated that he and his family had never pledged or used THG shares they held as collateral for loans, either inside or outside the market, as they did not dare to do so because they were major shareholders. However, upon investigation, evidence was found indicating...
and relevant agencies.” Remark: * Related news releases 1. SEC News No. 116/2023: SEC files a criminal complaint against 10 offenders with the DSI for falsifying STARK financial statements, making
According to given tips and the SEC’s further investigation, it was found that MRC - BIZ led by Tanit had offered for sale and given trading service of digital tokens through public solicitation for investment in such product via online social media channels such as Facebook, YouTube and MRC - BIZ website. Earlier, in this regard, the SEC notified the company to end such conduct that may be liable to offering for sale and giving trading service of digital tokens without license; however, t...
The Office of Securities and Exchange Commission (SEC) has been notified by the Stock Exchange of Thailand about the artificial appearance of ACD shares during the end of year 2014 causing by the trading activities of one group of individuals. According to the SEC’s further investigation, there was sufficient evidence showing that on 7 and 17 November 2014 Thanadej, Naruedee, Nitis and Winyoo had agreed or conspired on creating the false appearance of the price and volume of ACD shares by...
Bangkok, 26 February 2018 ? The SEC has filed a criminal complaint against Mr. Wichai Thavornwattanayong, former chairman of Inter Far East Energy Corporation Public Company Limited (IFEC), with the Economic Crime Suppression Division (ECSD) on the ground of performing duties dishonestly when he failed to disclose IFEC default on its bills of exchange. In addition, the SEC has instructed IFEC directors and the persons whom IFEC identified as director via the Stock Exchange of Thailand (SET) to s...
Bangkok, 31 March 2023 – The Securities and Exchange Commission (SEC) has filed a criminal complaint against 1000X Limited (1000X) and Mr. Worawat Narknawdee with the Economic Crime Suppression Division of the Royal Thai Police (ECD) for jointly operating the digital asset dealer business without license in violation of Section 26 and subject to the penalties under Section 66 of the Emergency Decree on Digital Asset Businesses B.E. 2561 (2018), in conjunction with Section 83 of the Penal C...
The SEC’s investigation revealed that from the year 2022 to 31 March 2023 (the submission deadline of 56-1 One Report for the year 2022), ALL was involved in two legal disputes: (1) Two cases in the Phra Khanong District Court regarding investment contracts under the Land Banking Investment Fund Agreement, with a total claim value of approximately 190 million baht, and (2) an arbitration dispute in the joint venture with AG Thonglor 16 Co., Ltd., where ALL was claimed under a joint venture agree...
The criminal complaint has been made in furtherance of the criminal complaint by the SEC against the former directors and executives of K.C. Property Public Company Limited (KC) and others for jointly committing with dishonest intent by authorizing KC to issue bills of exchange (B/E) for sale to a mutual fund of Solaris Asset Management Co., Ltd. which caused the misappropriation of an amount of 430 million baht. As a consequence, KC was in default on the payment of 350 million baht on tho...