Bangkok, June 28, 2016 ? The Criminal Fining Committee has imposed fines on nine manipulators of the price and trading volume of The Union Mosaic Industry Public Company Limited (UMI) shares, with details as follows: - Five co-principals, namely (1) Mr. Chalaem Semsarid, (2) Mr. Promakran Srinarong, (3) Mrs. Kodchaphon Singtong, (4) Mr.Chukiat Singthong, and (5) Mr.Prabpol Singtong; and - Four aiders, namely (6) Mr.Prasian Kongboon, (7) Ms. Sirikorn Thongsarai (then named Pattarika Kongboon),...
Bangkok, July 4, 2016 - The SEC has suspended the approval of {X1} Securities (Thailand) Co., Ltd. as financial advisor and the approval of {A} as the company's supervisor of financial advisory operation for deficiencies in providing financial advisory services to the initial public offering (IPO) of a company, and deficiencies in performing duties as independent financial advisor (IFA) of another listed company. In light of such suspension order, {X1} Securities is still able to operate other b...
Bangkok, July 26, 2016 ? The Criminal Fining Committee has imposed fines at the total amount of 8,618,831.25 baht on (1) Mr. Somporn Suebthawilkul, (2) Thaisri Insurance Public Company Limited, (3) Mr. Natee Panichewa, and (4) Mr. Kerati Panichewa for selling shares of Dhipaya Insurance Public Company Limited (TIP) based on nonpublic information.Following a referral from the Stock Exchange of Thailand (SET), the SEC?s further investigation has revealed that during 28 August 2012 ? 30 October 201...
Bangkok, 15 September 2017 ? The Civil Sanction Committee has imposed a civil sanction on Mr. Ravi Lohtong, director and executive of Siam Sport Syndicate Public Company Limited (SPORT), for using inside information to buy the company's shares. He was subject to a civil penalty of 500,000 baht, as a resultFollowing a referral from the Stock Exchange of Thailand (SET), the SEC conducted further investigation and found that Ravi had taken advantage of the information on SPORT's operating results f...
Bangkok, March 24, 2011 ? The Settlement Committee imposed fines on price manipulation cases involving the shares of TRAF, SAMART, SIM, SAMTEL and RCI, as follows: (1) Lalana Sirichanyakul, Sippakorn Kawsa-art and Rinnapa Kunawatsatit for manipulating the share price of Traffic Corner Holdings Plc. (TRAF) (currently M Pictures Entertainment Plc. (MPIC)) and Jantharapa Wongpaiboon for aiding and abetting such manipulation, in the total amount of 38,148,857.59 baht;(2) Phongsri Saluckpetch and M....
Bangkok, May 26, 2011 ? The Settlement Committee has imposed fines on two price manipulation cases involving the shares of ASCON and KC as follows: (1) Pattanapong Tanumathaya for manipulating the share price of ASCON Construction Plc. (ASCON) as well as Pathaipoom Songkroh and Chalalai Saliwattana for aiding and abetting such manipulation, in the total amount of 48,794,056.20 baht; and (2) Supranee Yotinopamine, Pongpop Ngamarchariyakul and Somboon Saejao for manipulating the share price of K....
Bangkok, August 20, 2015 ? The SEC revealed that the Settlement Committee imposed a total fine of 6,028,563.75 baht on Paiboon Thong-ra-ar for using inside information to sell shares and warrants of EMC Public Company Limited (EMC).With the referral from the Stock Exchange of Thailand, the SEC probed into the case and found that during October 16-18, 2013, Paiboon, then EMC Managing Director ? Engineering, had sold 5,950,000 EMC shares and 8,900,000 units of warrants to purchase EMC shares (EMC-...
Bangkok, March 16, 2016 ? The Criminal Fining Committee has imposed a total fine of 25,322,064.39 on four offenders for using insider information to purchase ordinary shares and warrants of Siam Global House Public Company Limited (GLOBAL).The four offenders are: (1) Witoon Suriyawanakul, (2) Kunnatee Suriyawanakul, (3) Apilas Suriyavanakul, and (4) Kriangkai Suriyawanakul. The SEC, meanwhile, has filed a criminal complaint against two other offenders, namely (1) Surasak Chuntori, and (2) Ekkamo...
Bangkok, December 23, 2015 - According to the highly publicized news coverage on share transfers of a person, the SEC after probing into the case has imposed administrative sanctions on three investment consultants: revoking approval of Auracha Vachirakulthon as securities investment consultant for 10 years, starting from December 22, 2015, and suspending approval of {B} and {C} as capital market investment consultant for six months and one month, respectively, starting from December 25, 2015. ...