Bangkok, December 17, 2015 - The SEC has filed a criminal complaint against {A}, former managing director of Ramkhamhaeng Hospital Public Company Limited (RAM), with the Department of Special Investigation (DSI) for (1) failing to perform duties responsibly, carefully and honestly, (2) seeking unlawful gain for himself or other persons causing damage to the company, and (3) committing or permitting wrongful acts against RAM documents.The SEC found that {A}, then RAM managing director responsible...
Bangkok, December 24, 2015 ? The SEC has filed a criminal complaint against Nittimon Hastindra Na Ayudhya, Chairman of Nation Multimedia Group Public Company Limited (NMG), with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) for not allowing some NMG shareholders to attend and exercise their voting rights at the annual general shareholders? meeting (AGM). Nittimon, as chairman of NMG and the AGM on April 29, 2015, did not allow some NMG shareholders to attend and...
Bangkok, November 19, 2015 ? The SEC has filed a criminal complaint against (1) Saiphet Thongngao, (2) Sureerat Ardpaksa, and (3) Woraphol Muenbowon for jointly operating derivatives business without license with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) for further legal proceedings. With reference to clues and the SEC?s findings, the three aforesaid individuals, without derivatives fund management license, had jointly managed funds for others for profits fro...
Bangkok, February 8, 2016 ?? The SEC has filed a criminal complaint with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) against Richard Dunston Malpass, a British nationality, on account of operating securities business without license.? Several foreign investors informed the SEC that Mr. Malpass, who resided in Thailand, had solicited them to transfer their pension funds from overseas to make investment based on his advice for the sake of tax benefits and long-ter...
Bangkok, February 10, 2016 ? The SEC has filed a criminal complaint with the Economic Crime Suppression Division of the Royal Thai Police (ECD Police) against Global Consultant Co., Ltd. and Neil Arthur Robbirt, a British citizen, on account of jointly operating securities business without license.The SEC has been informed by foreign investors residing in Thailand that Global Consultant ? located at 235/15, Sukhumvit 31, North Klongtan Sub-district, Wattana District, Bangkok ? and Mr. Robbirt so...
Bangkok, May 18, 2016 ? The SEC has filed a criminal complaint with the Department of Special Investigation (DSI) against four manipulators of the price and trading volume of The Union Mosaic Industry Public Company Limited (UMI) shares, namely (1) Ms. Paweena Laowiwatwong, (2) Mrs. Punnaporn Laowiwatwong, (3) Ms. Warunya Laowiwatwong, and (4) Mr.Trairath Treeratpant.Following the Stock Exchange of Thailand (SET)?s referral, the SEC?s further investigation has revealed that Paweena, then preside...
Bangkok, February 15, 2013 ? The SEC filed a criminal complaint against Sopana Janeborvorn, a former mutual fund manager who was then responsible for the operations of Kasikorn Asset Management Co., Ltd. (K-Asset) and SCB Asset Management Co., Ltd. (SCBAM), as well as the equity funds managed by both companies. Evidence indicated that she had performed her duty dishonestly in order to obtain unlawful gains for the benefit of herself and others, in violation of Section 311 of the Securities and...
Bangkok, February 20, 2013 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against three unlicensed derivatives business operators, namely PT Millennium Penata Futures, Ascot Global Trading Ltd., and J.R.A. Business Center Co., Ltd. Also named in the complaint are two related persons, namely Arthiphant Thongchandr, as an accomplice with PT Millennium Penata Futures, and Kasemsak Sirisrisornchai, a director of J.R.A. Business Center Ltd....
Bangkok, November 27, 2012 ? The SEC filed a criminal complaint with the Economic Crime Division of the Royal Thai Police (ECD Police) against five companies, namely(1) Silver Line Trading Intertrade Co., Ltd., (2) Diamond and Silverline Group Co., Ltd., (3) K.N.O. Marketing Co., Ltd., (4) M.B. Network Co., Ltd., and (5) P.T. Research Co., Ltd., along with four related persons, namely (1) Jaray Chanchaisilp, directors of Silver Line Trading Intertrade Co., Ltd. and Diamond and Silverline Group C...
Bangkok, January 30, 2012 ? The SEC has filed another criminal complaint against Porntep Thawornwisuthikul and Arada Lertpinyopap, former executives of United Securities Plc., and three other persons, namely Prayuth Lertpinyopap, Naruephol Chatchalermvit and Ladda Ponsuwannapa, with the Department of Special Investigation for involving in share manipulations. The SEC findings revealed reasonable grounds that Porntep and Arada had conspired with Suriya Larbvisuthisin in using other persons? tradi...