companies have considerably increased whereas doubts in a number of cases were reflected whether the placements were used appropriately or fairly to the shareholders. To prevent the exploitation of private
referring to certain services of the securities firms; for instance personal loan. In such cases, the securities firms were notified that the transferred money was deposited for clients? accounts while the
were all sold out during low price period. The said actions were in violation of Section 311 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) in conjunction with Section 83 of the Penal Code
and entered into derivatives contracts whose underlyings were the securities price of such companies while the companies’ draft financial statements were being recorded in the EY information system
activities misled general investors into believing that new investors were interested in investing in KIAT shares at gradually higher prices. Meanwhile, the group of offenders, including Nipa and Namthip, who
investors into believing that new investors were interested in investing in KIAT shares at gradually higher prices. Meanwhile, the group of offenders, including Nipa and Namthip, who were wife and daughter of