The allegation is a consequence of various complaints lodged in relation to the increased debt of THB 26,000 million following EARTH’s submission of the financial statement for the first quarter
Saran made up fake documents and partially paid for the debt owed by Suthat, who had agreed to take on the debt for Suthin and Charuwan, to mislead the company's auditor into believing that the debtor
prepare and submit the company's financial statements within the period specified by the SET. In addition, the company had failed to make debt repayment to its creditor within deadline and was consequently
Bangkok, April 9, 2014 ? At the Economic Crime Division of the Royal Thai Police (ECD Police) today, the SEC filed a criminal complaint against unlicensed derivatives and securities business operators and related persons as follows: (1) Seandar Inc. (or Seandar, Seandar Limited, Seandar Inc. Limited, Seandar (Asia) Ltd., Seandar Europe, Seandarfx) and Matthew Christensen for operating unlicensed derivatives business; and (2) S D Global, Seandar Inc. (or Seandar), Huang Young Lin, Tang Tia Julien...
market business during the period he is prosecuted. In addition, the SEC investigated the Investment Committee of Solaris Asset Management Co., Ltd. in authorizing the mutual fund to invest in debt
Bangkok, September 9, 2014 - The SEC today filed a criminal complaint with the Department of Special Investigation (DSI) against {A} and {B}, former executives of United Securities Plc., {C} {D} {E} and an unknown person, for manipulating share price of Union Petrochemical Plc. (UKEM).With the referral from the Stock Exchange of Thailand on irregular trading in UKEM shares by a group of persons during July 21st August 20, 2008, the SEC probed into the case and found that {A} {B} {C} five other a...
Bangkok, 6 September 2016 ? The SEC has filed complaints against Marnfah Group Co., Ltd. and Lederer (Thailand) Co., Ltd. and their respective authorized directors with the Economic Crime Suppression Division of the Royal Thai Police on account of offering securities for sale to the public without approval.According to the received information and the SEC?s further inspection on public solicitation for high yield investment via social media, it was found that Marnfah Group and its authorized dir...
Bangkok, 14 September 2016 ? The SEC has filed a criminal complaint with the Department of Special Investigation (DSI) against (1) Mr. Siwasit Sainumphung (2) Ms. Noppawan Suwan, and (3) Mr. Viroj Arnokkaeo for manipulating the share price of Yong Thai Public Company Limited (YCI).Following the referral from the Stock Exchange of Thailand (SET), the SEC?s further investigation revealed that Siwasit had agreed to or colluded with five other persons to use several trading accounts to trade YCI sha...
Bangkok, August 27, 2010 ? The SEC today filed a criminal complaint with the Department of Special Investigation against two former executives of International Engineering Plc. (IEC) for misappropriating the company?s assets in contravention of Section 307, 308, 311, 313 and 315 of the Securities and Exchange Act of 1992 (SEA). A referral from the Stock Exchange of Thailand (SET) and the SEC?s subsequent probe showed reasonable evidence that in 2009 Bee Taechaubol, then IEC director respo...