According to a referral from the Stock Exchange of Thailand (SET) in 2021 and the SEC’s further investigation, evidence indicates that the 11 persons, namely: (1) Mr. Apimuk Bamrungwong, (2) Mr. Passakorn Sillamat, (3) Miss Phatchanok Thanarutairoj, (4) Miss Chayada Sukkasi, (5) Mrs. Supa Wonganu, (6) Mr. Teerayuth Reanchaiyuth, (7) Mr. Seeharach, Lohachaitranont, (8) Mr. Supachai Visedpaitoon, (9) Miss Chatanun Tanasinwiwat, (10) Mrs. Panitanan Termkunanon, and (11) Mr. Nitis Sillamat, wi...

News No. 108/2566 headlined: “SEC files a criminal complaint against 32 individuals with ECD for manipulating the price or trading volume of MORE shares, released on 27 June 2023.  ** Consisting of DSI

The SEC has been notified of a clue for investigation and found that since 25 January 2023 Bybit as a website service provider, namely Bybit.com (https://www.bybit.com), has rendered a service for arranging a trading system to facilitate digital asset trading with a fee collected at the rate of 0.1 percent of the customer’s trading value, had solicitation and advertisement in the Thai language to solicit a use of Bybit’s service via Website: Bybit, Facebook Page named “Bybit Thai”, Telegram name...

The SEC has been notified of a clue for investigation and found that since 25 January 2022 Bybit as a website service provider, namely Bybit.com (https://www.bybit.com), has rendered a service for arranging a trading system to facilitate digital asset trading with a fee collected at the rate of 0.1 percent of the customer’s trading value, had solicitation and advertisement in the Thai language to solicit a use of Bybit’s service via Website: Bybit, Facebook Page named “Bybit Thai”, Telegram name...

According to the findings of the SEC’s investigation, the four persons, namely (1) Miss Duangkamol Chotana, (2) Miss Nutwara Saengwarin, (3) Mr. Supoth Piansiri, and (4) Mr. Sirichai Chananam – at the time of the misconduct from 2015 to 2017 holding the positions of director and executive of NMG – made a joint decision to approve, order and arrange a recording of false advertising income in the financial statements of NMG.    The evidence in this case has revealed that the NMG’s financial statem...

Previously, the SEC filed a criminal complaint against a group of 18 persons as joint principals in the case of jointly manipulating the price or trading volume of MORE share on 10 November 2022, which misled the public regarding the price or trading volume of MORE share. Their actions constituted a violation of Section 244/3 (1) in conjunction with the presumption under Section 244/5 and Section 244/6 (as the case may be) of the Securities and Exchange Act B.E. 2535 (1992) (SEA) in conjunction...

The four persons under the criminal complaint were: (1) {A}, then {X1} Vice President, Vice Executive President, Chief Executive Officer and Managing Director, (2) {B}, then {X1} Executive Director, Deputy Chief Executive Officer - General Administration and Company Secretary, (3) {C}, and (4) {D}. The complaint was imposed on the ground of their collaboration in committing malpractice that caused damage to {X1}.In this regard, the four persons jointly arranged for {X1} to buy a land and a...

SEC has received a tip from an investor that a Facebook account named “Japhoon” (meaning Catching Stocks) may operate business without obtaining a license from SEC. After further investigation of evidence, SEC has found that Artit gave investment advice and solicited the general public to invest in securities and derivatives. In so doing, he used the Japhoon Facebook account as an advertising channel for learning courses on securities and derivatives investment and also used a Line group as a ch...

SEC has alleged that the former directors of Adamas Incorporation Public Company Limited (ADAM) and others, a total of eight persons, namely (1) Mr. Boonpiam Eamroongroj (Chairman of ADAM at the time of committing the offense); (2) Mr. Chinnavat Chinsangaram (a director of ADAM at the time of committing the offense); (3) Mr. Sarawut Phumthavorn (an independent director and member of the Audit Committee of ADAM at the time of committing the offense), and a group of five other persons, na...

Following receipt of clue information, the SEC conducted an investigation and found that since 12 January 2022, 1000X, the service provider of the website https://www.1000x.live (“1000x.live”), had provided services or presented itself to the public that it was ready to provide the digital asset exchange service in the ordinary course of business outside the digital asset exchange. Additionally, Worawat promoted 1000X’s service in the Thai language on Facebook to invite the public to use the ser...