According to referrals from the Stock Exchange of Thailand (SET) and the SEC’s further investigation, actions liable to be offenses committed by the three persons above were detected during 16 November – 28 December 2018. Atthavut and Sujeera colluded to send trading orders of TIGER stocks in manners of manipulating the closing price, executing bid orders to heighten the price, dominating bid and offer orders* and matching bid and offer orders among themselves through the securities trading acco...
According to a referral from the Stock Exchange of Thailand (SET) and SEC’s further investigation, it was found that during the month of May 2018, Kitti knew or possessed the inside information related to the tender offer of NOBLE shares at 12.25 baht per share, which was higher than the market price. As director and executive of the company at the time, Kitti disclosed such insider information to Kongpat, his nephew-in-law, even though he knew or should have known that Kongpat could possibly us...
According to a referral from the Stock Exchange of Thailand (SET) and SEC’s further investigation, it was found that during the months of January - February 2018 Woraphant, by virtue of his position as executive in charge of finance and management of STEC, knew or possessed the company’s inside information related to the provision for loss of construction projects, which could lead to assessment or prediction of loss at a significant amount in the operating results for the year 2017. Base...
According to the findings after a referral from the Stock Exchange of Thailand (SET) and SEC’s further investigation, the offenders were divided into two groups, with details as follows: Group 1: Chanyarat, as a director of Suan Orapin (Thailand) Co., Ltd., a lessee of a property of UOB8TF with the right to offer a bidding price for the property in competition with other bidders, knew in advance that UOB Asset Management (Thailand) Co., Ltd. would sell the assets of UOB8TF to...
Following an inspection report from Bank of Ayudhya, a limited broker dealer and underwriter (LBDU) licensee, and SEC’s further investigation, it was found that Vanatsavadee, securities investment consultant, had misappropriated clients’ money by withdrawing money from the clients’ banking accounts without executing the transactions that the clients had made. Besides, she made false evidence by forging the clients’ handwriting, subscription orders and switch orders or unitholders’ account books...
Following a report from Krungthai Zmico and SEC’s further investigation, it was found that during 22 - 24 November 2017, Niparporn placed the right to IPO allocation of three clients to the clients who were her close relatives and friends instead. In so doing, she secretly used her supervisor’s computer to change the names of the persons having the right to such IPO allocation. Consequently, the true owners of such right suffered damage; however, Krungthai Zmico has already returned the right to...
Bangkok, 4 January 2018 ? The Criminal Fining Committee has imposed separate fines on four offenders for publicly offering debentures without approval.The four offenders are: (1) Marnfah Group Co., Ltd., (2) Ms. Ornpaphat Chantarasaka, (3) Lederer (Thailand) Co., Ltd., and (4) Ms. Kanyakorn Supakarnkachareon.Following referrals and the SEC's further inspection, it was found that Marnfah Group, by authorized director Ornpaphat, had solicited the public to make an investment with the company via s...
Bangkok, 30 January 2018 ? The Criminal Fining Committee has imposed separate fines on Mandawee Tour Co., Ltd. and Mr. Prasit Jiewkok, at the total amount of 1 million baht, on the ground of publicly offering securities in the category of debenture without approval. Following referrals and the SEC's further investigation, it was found that Prasit, chief executive officer of Mandawee Tour, had held a seminar at a hotel in Udonthani Province to solicit the attendance of some 100 persons, mostly el...
Bangkok, 9 November 2017 ? The Civil Sanction Committee has imposed civil sanctions on four persons, namely (1) Mr. Surachai Suwanthanakul, (2) Mrs. Orthai Sae-tung, (3) Mr. Somsak Saravutwattanakorn, and (4) Ms. Phichayahia Phichayarom (formerly named Suthasinee Nantapakprasit), for manipulating the share price of Tapaco Public Company Limited (TAPAC). The total fines are 3,135,871.25 baht.According to the SET referral and the SEC further investigation, it has been found that during 25 February...
According to the referral from the Stock Exchange of Thailand (SET) and the SEC’s further investigation, Warot and Jeeranan, former EY assistant auditors, were involved in irregular securities and derivatives trading activities after having accessed the EY information system which contained clients’ audited, but yet to be disclosed, draft financial statements under responsibility of the audit group under which Warot and Jeeraporn were working. They used such inside information to trade securitie...