SEC Secretary-General Ruenvadee Suwanmongkol said that the ongoing spread of COVID-19 is affecting some securities companies and derivatives business operators to the point that it is necessary to
Earlier, the SEC filed a criminal complaint against the 10 entities with the Department of Special Investigation (DSI) on account of fabricating financial statements, disclosing false information in the Registration Statement for debt securities offering and committing a fraud to gain assets of the exploited public, liable to be offenses under the Securities and Exchange Act B.E. 2535 (1992) (SEA). The 10 offenders are: (1) STARK, (2) Mr. Chanin Yensudchai, (3) Mr. Vonnarat Tangkaravakoon, (4) {...
Following the discussion with TFAC on 13 March 2020, SEC submitted a letter to TFAC on 17 March 2020 to propose an issuance of accounting guidelines in response to the COVID-19 situation that could affect the preparation of financial statements of listed companies. The main objective of the guidelines is to ensure clarity of application of accounting standards in financial statements of listed companies during the crisis and mitigate potential impacts on business operation. The two acc...
The fast changing situation and high uncertainty due to external factors, especially the Covid-19 pandemic and digital disruption, affect several sectors, which in turn influences developmental
at a high level. Gas oil / Dubai crack spread in Q3/2018 averaged at 14.34 $/BBL an increase of 0.51 $/BBL when compared to Q3/ 2017 which is substantiated by the water levels of the Rhine; the river
increase in Gasoline exports. Additionally, various other refineries were running at high utilization rate due to high GO/DB and FO/DB crack spread level, which consequently lead to high supplies of Gasoline
remains high, and gross refinery margin improved from the increase of crack spread for all products, along with a record of inventory gain from rising average crude oil price during the quarter. Marketing
a historic high rate of 123.5 KBD during this past September. Meanwhile, Operating GRM declined by 1.69 $/BBL from the previous year, which was affected by the crack spread of finished product and
Gross Refinery Margin. Meanwhile, demand for High Sulphur Fuel Oil is still present amongst ship fleets that have installed scrubbers. Fuel Oil and Dubai crack spread (FO/DB) declined by 7.84 $/BBL
from the same period of the previous year, due to domestic ethanol stock remaining at a high level. However, due to increased sales volumes, sale revenue for the quarter was increased by 20%, YoY. 4