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 Nattapon Chalermpot and Patcharee Thuttumrongchai as capital market investment consultant for six months and one month, respective...
Following the referrals from the Stock Exchange of Thailand (SET) in 2018 – 2019 and the SEC’s further investigation, it was found that the 17 offenders were connected through personal relationships, financial transactions, or links with related parties, as well as through the sources of securities trading orders and their trading behaviors. In this regard, (1) Miss Thunyarat Suksawad, (2) Mr. Kittiphat Suksawad, (3) Mr. Wallop Suksawat, (4) Mr. Khaneungnit Chinda, (5) Mrs. Wassana Viriyatornpha...
Following a referral from the Stock Exchange of Thailand (SET) in August 2016 and the SEC’s further investigation, it was found that Mrs. Vally Sungsiri and Miss Sunisa Chutinaton conspired together by continuously placing orders to buy and sell KDH shares in a manner that pushed the price upward. They placed large-volume orders at multiple price levels, including aggressive buy orders and sell orders at prices several notches above the market price, in order to entice other investors to follow...
Following a referral from the Stock Exchange of Thailand (SET) in March 2023 and the SEC’s further investigation, the findings and evidence indicated that during 5 August – 9 November 2022, these five individuals committed offenses related to insider trading in TKN shares using undisclosed information they knew or possessed that positively affected TKN’s share price—specifically, TKN’s Q3/2022 net profit of 179.97 million baht, which was significantly higher than before, and an interim sp...
According to the referral from the Stock Exchange of Thailand (SET) in October 2023 and the SEC’s further investigation, it was found that Patcharadanai had placed trading orders in manipulative manners. For example, sending buy or sell orders for securities, or buying or selling securities in a manner that pushed the prices upward, placing bid offers in a way that obstructed others from placing their buy orders, placing small-volume buy orders with the intent to increase the securities p...
The SEC’s examination has revealed that GIFT’s 2021 annual financial statements showed a significant decline in performance, prompting a detailed investigation. The findings revealed that during 2019–2020, Mr. Perajed Suwannapasri (then serving as director and executive of GIFT) facilitated a group of former GIFT sales employees in establishing Gratitude Global Co., Ltd. (now renamed Glooming Global Co., Ltd.), a name similar to GIFT’s former name (Gratitude Infinite Public Company Limited), to...
According to news and online media reports, on 12 November 2023, Bualuang Asset Management Company Limited (BBLAM) placed sell orders for 30,000,000 shares of JMT —a substantial amount—which was later entirely cancelled. This action mentioned above is considered as placing sell orders in such a way that misleads other persons regarding the price or volume of securities trading.The SEC’s examination revealed that on 12 July 2023 (one business day), the aforementioned JMT selling orders originated...
/2022 “SEC imposes civil sanctions on four offenders for creating artificial trading volume of three digital tokens on the Satang Corporation Limited’s exchange”, released on 29 December 2022, can be
(1999), as amended. Remark: * SEC News No. 75/2024 headlined: “SEC imposes civil sanctions on six offenders for manipulating BM prices,” released on 2 April 2024: https://www.sec.or.th/EN/Pages
(1999). Note: * SEC News No. 69/2024 headlined: SEC imposes civil sanctions on 12 offenders for manipulating SCN share prices, released on 28 March 2024: https://www.sec.or.th/EN/Pages/News_Detail.aspx