Bangkok, April 20, 2016 ? The Criminal Fining Committee has imposed a fine of 500,000 baht on Charin Hansuebsai for using insider information to sell shares of Pacific Pipe Public Company Limited (PAP) through the trading account of another person to seek unlawful personal gain.Following a referral from the Stock Exchange of Thailand (SET), the SEC?s further investigation has revealed that on November 11, 2014 Charin, then PAP independent director, arranged a sale of 147,000 PAP shares in which...
Bangkok, November 18, 2015 ? The SEC Settlement Committee has imposed fines on Bordin Sangarrayakul and Noparat Jongyin for manupulating the share price of PYLON Public Company Limited (PYLON), and Worathan Uahvilaijit for assisting them with such wrongdoing, at the total amount of 6,704,138.33 baht. According to a referral from the Stock Exchange of Thailand (SET) and the SEC?s own investigation during February 2 ? May 15, 2012, Bordin and Noparat had colluded or mutually agreed to use four sec...
Bangkok, April 24, 2013 ? The SEC revealed that the Settlement Committee imposed a total fine of 28,472,689.29 baht on Choavalit Limpanich, Yanyong Nitisaroj, and Ziriwat Anunkusri, for purchasing STP&I Plc. (STPI)?s shares using inside information. With the referral from the Stock Exchange of Thailand (SET), the SEC investigation revealed that Choavalit, Yanyong and Ziriwat had purchased STPI shares through Ziriwat?s securities trading account. Their actions were considered as taking an advanta...
Bangkok, December 20, 2012 ? The Settlement Committee yesterday imposed a total fine of 5,087,214.99 baht on Pimpa Chivapornthip and Nophadol Arayakul for manipulating share price of Salee Industry PLC (SALEE). With the referral from the Stock Exchange of Thailand on irregular trading of SALEE shares as a result of a group of persons? trading causing the changes of SALEE share price and trading volume to be inconsistent with the normal market condition, the SEC probed into the case and found tha...
Bangkok, October 28, 2014 ? The SEC revealed that the Settlement Committee imposed a total fine of 2,074,121.25 baht on Sermkirt Kangsathein, Wichian Ursiripant and Pratheep Wongkulnit for manipulating share price of Permsin Steel Works Plc. (PERM). With the referral from the Stock Exchange of Thailand on irregular trading of PERM shares by a group of persons, the SEC probed into the case and found that on January 7, 2013, Sermkirt, Wichian and Pratheep had colluded to trade PERM shares through...
Bangkok, October 28, 2014 - The SEC revealed that the Settlement Committee imposed a total fine of 19,948,269.33 baht for manipulating share price of Union Petrochemical Plc. (UKEM). The fine was imposed on 10 persons, namely (1) {A} (2) {B} (3) {C} (4) {D} (5) {E} (6) {F} (7) {G} (8) {H} (9) {I} and (10) {J}.With the referral from the Stock Exchange of Thailand on irregular trading in UKEM shares by a group of persons during July 21 - August 20, 2008, the SEC probed into the case and found that...
Bangkok, October 28, 2014 - The SEC revealed that the Settlement Committee imposed a fine of 768,925 baht on {A} for manipulating share price of Sahaviriya Steel Industries Plc. (SSI).With the referral from the Stock Exchange of Thailand, the SEC probed into the case and found that on September 16, 2013, {A} had traded 130.12 million SSI shares by placing a total of 299 trading orders through internet trading system. On that date, the SSI opening price was at 0.37 baht and remained unchanged unt...
Bangkok, October 28, 2014 ? The SEC revealed that the Settlement Committee imposed a total fine of 1,887,659.33 baht on Sumit Chanmatee and Satja Janetumnugul, as principal, for using inside information to purchase Rayong Purifier Plc. (presently known as RPCG Plc.) (RPC) shares for their own benefits, as well as Piyanuch Janetumnugul as aider and abettor in the scheme. With the referral from the Stock Exchange of Thailand, the SEC's probe found that during April 30 ? May 10, 2012, Sumit and Sat...
Bangkok, October 28, 2014 - The SEC revealed that the Settlement Committee imposed a total fine of 1,887,659.33 baht on {A} and {B}, as principal, for using inside information to purchase {X1} Company (presently known as {X2} Company) shares for their own benefits, as well as {C} as aider and abettor in the scheme.With the referral from the Stock Exchange of Thailand, the SEC's probe found that during April 30 - May 10, 2012, {A} and {B} had purchased 2,514,800 and 490,000 {X1} Company shares, r...