million in 2009, respectively.Their actions were in violation of Sections 312 and 315 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) in conjunction with Sections 83 and 86 of the Penal Code
information disclosure. Moreover, it has not yet complied with the SEC and the Stock Exchange of Thailand (SET)?s previous orders requiring the company to disclose and clarify information on land purchase and
example, illegitimate solicitation of currency exchange, agricultural products and gold spot, many of which are frauds or Ponzi schemes. All of such cases have thus been forwarded to relevant authorities
that compete for funding in national and global capital markets." Rapee Sucharitakul, Secretary-General of the Securities and Exchange Commission, Thailand (SEC) said, "The SEC Thailand welcomes the
and Section 313 of the Securities and Exchange Act B.E. 2535 (1992) (SEA). Although he compensated for damages incurred to RAM in December 2014, it was after the SEC's probe had revealed such
deemed a failure to perform duties responsibly, carefully and honestly in violation of Section 89/7 of the Securities and Exchange Act of 1992 (SEA), which caused him or other persons to gain benefit and
Securities and Exchange Act of 1992. Their actions therefore were in violation of Section 90 and liable to penalties under Section 289, which are imprisonment for a term of 2 to 5 years and a fine from 200,000
1property fund and REIT in terms of return, investment policy, and fee as well as tax impact. The Type 1 property fund must sell the assets to newly-established REIT for an exchange of unit trusts and the
., and Nexus Property Consultant Co. Ltd, at 1,172.75 and 1,100.72 million baht, respectively. In addition, based on GLAND disclosure via the Stock Exchange of Thailand (SET), its audit committee also
the Stock Exchange of Thailand. Transport Minister Charupong said: ?It was a productive meeting with many key issues clarified. The SEC regulations will surely enhance the Thai capital market?s roles in