The SEC Civil Sanction Committee (CSC) had earlier resolved to impose civil sanctions on all four offenders of this case, among which only two agreed to comply with the specified civil sanctions. However, the other two, namely, (1) LLC Fair Expo company and (2) Mr. Mikalai Zahorski, who are subject to a total monetary civil sanction of 6,005,620 baht (a civil penalty and a reimbursement of investigative expenses incurred by the SEC), refused to comply with the specified civil sanctions, which wa...
Earlier, the Civil Sanction Committee (CSC) resolved to impose civil sanctions on Mr. Pakorn Mongkoltada* in the case of purchasing AQUA shares while being a person who knew or possessed inside information. The sanctions include a total payment of 19,339,187 baht (comprising civil penalty, compensation at an equal amount to the benefit received or should have been received, and reimbursement of investigative expenses incurred by the SEC). In addition, he is subject to a bar from serving as d...
Earlier, the Civil Sanction Committee (CSC) resolved to impose civil sanctions on two offenders* in the case of manipulating the price or trading volume of MSC shares. The sanctions include a total payment of 249,848,464 baht (comprising civil penalties, compensation at the equal amount to the benefits received or should have been received, and reimbursements of investigative expenses incurred by the SEC). In addition, the offenders are subject to a suspension from trading securities or d...
Earlier, the Civil Sanction Committee (CSC) resolved to impose civil sanctions on two offenders* in the case of manipulating the price or trading volume of RPC shares. The sanctions include a total payment of 71,729,832 baht (comprising civil penalties, compensations in the amount equal to the benefits received or should have been received, and reimbursements of investigative expenses incurred by the SEC). In addition, the offenders are subject to a suspension from trading securities and...
Earlier, the Civil Sanction Committee (CSC) resolved to impose civil sanctions on JKN in a case relating to publishing false or misleading information about JKN, requiring payment totalling 2,062,039 baht (comprising a civil penalty and a reimbursement of investigative expenses incurred by the SEC).In this regard, JKN agreed to comply with the civil sanctions imposed by the CSC by signing a letter of consent. However, the company failed to fully make the required payment accordingly. The S...
Bangkok, 28 July 2022 – The Securities and Exchange Commission (SEC) has sent a written notice to Zipmex Thailand, demanding the digital asset exchange to clarify in detail the announcement of moratorium relief of Zipmex Group and to contact its clients deemed as creditors before 17.00 hours today in order for them to be eligible to attend the case conference in Singapore Court tomorrow. Zipmex Group announced the submission of the moratorium relief to the Singapore Court for the businesses unde...
Earlier, Mr. Suphanan acting on behalf of IFEC sent a letter requesting the DBD to reveiw its order denying the registration of Mr. Wiphu Maharakkhaka and Mr. Manusak Deawwanich on IFEC directors’ list and then may exercise the right to appeal such DBD’s decision.According to Section 42 of the Administrative Procedure Act B.E. 2539 (1996), an administrative order shall be effective since the person concerned is notified and shall remain in effect until it is revoked or invalid for other re...
emphasized active engagement of all sectors to make sure that the capital market will continue to serve the country’s important demands. This is the first time that an SEC strategic plan has given a
urges the private sector to exercise caution and refrain from using response letters in such manner.In any case, the SEC’s response letters to inquiries may contain facts that have changed or are specific
ordered Zipmex to suspend its business operations and return assets to its client or proceed according to their requests within 15 days. If any clients do not notify their requests or claim their assets