inconsistently with normal market conditions, during the periods from 26 February – 7 March 2016, and from 8 March – 18 April 2016.The actions by Mrs. Vally Sungsiri and Miss Sunisa Chutinaton constitute the
Initiative, as submitted in their activity reports to the SEC, are a means of imparting financial and investment knowledge to the public apart from the businesses’ normal product sales practices. The
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the execution of electronic transactions which would be deemed as fully legitimate as normal transactions, for example, transactions related to businesses under the SEC supervision, subscription
while concealing their trading activities to mislead the public regarding the share price and trading volume of BA. Consequently, the BA price and trading volume became inconsistent with normal market
for every case even though it will be offered via private placement. For example, the normal regulations will be obstacles in the process of pre-ICO and private sale.Therefore, SEC intends to relax
result, the price and trading volume of PICO’s shares were not in a normal market condition, and investors in general were misled to understand that a large number of investors were interested in buying
in big volumes. Such trading manipulation took place during 10-27 September 2013, causing YCI price and trading volume to be inconsistent with the normal market condition. The wrongdoing was assisted
the auditor whether the doubtful transactions of land sales and purchases were in line with the normal course of business operation.Earlier, the auditor had reviewed, and expressed a qualified opinion
identified, e.g., profits generated from normal business operation with potential recurring in the following years as opposed to those from speculative transactions during economic upturn such as profit from