Bangkok, 20 April 2017 ? The SEC has filed a criminal complaint against former directors and executives of Triton Holding Public Company Limited (TRITN) (previously named Live Incorporation Public Company Limited (LIVE)) and their associates, in the total of nine persons, with the Department of Special Investigation (DSI) on account of jointly committing dishonest acts to misappropriate TRITN assets, failing to perform duties responsibly, and consenting to preparation of incorrect accounting rec...
Bangkok, December 27, 2010 - The SEC filed a criminal complaint with the Economic Crime Division (ECD) of the Royal Thai Police against Q-Me Co., Ltd., TMB Leasing Co., Ltd. and six associated persons, namely, (1) Sansaruti Chanchai (or Deaw or Sirawich Hemmarach or Somneug Posri), (2) Pinij Ratanacharurat, (3) Chairat Chantapakdee, (4) Adisak Dangkomen, (5) Praweena Sodawong, and (6) Warakom Homtuanlom, for operating derivatives business (gold future agent) without license and defrauding the pu...
Bangkok, December 30, 2010 - The SEC filed an additional criminal complaint with the Department of Special Investigation (DSI) against Ratchasak Susewi, former Chairman and Chief Executive Officer of POWER-P Plc. (POWER), for violating Sections 307, 311 and 312 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) by collusively falsifying POWER accounts worth totaling 34 million baht with objective to resume normal trading on the Stock Exchange of Thailand in 2005 and embezzling POWER?s mon...
Bangkok, November 10, 2010 ? The SEC has filed a criminal complaint with the Department of Special Investigation against Numkrit Jeraputtiruk, former executive of UBS Securities (Thailand) Limited (UBS), for taking unlawful gains for himself or others at the expense of UBS?s clients. The complaint also alleged six other persons for aiding and abetting Numkrit?s commission of misconduct, namely (1) Pawaris Phatwongsathon, (2) Meena Kamphaengkaew, (3) Patara Thumrongvit, (4) Chalalai Saliwattana,...
Bangkok, October 6, 2015 ? The SEC filed a criminal complaint against Penkae Katekaew and Tan Lethi with the Department of Special Investigation (DSI) for collusively seeking unlawful gain causing damage to Bliss-Tel Public Company Limited (BLISS). The SEC found that Penkae and Tan, then holding position as BLISS investment board members having power to make securities investment decision and approval on behalf of the company, had collusively sought unlawful gain causing damage to BLISS. They de...
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...
On 3 December 2024, a fund acquired newly issued VGI shares, causing the fund’s shareholding in VGI to increase and cross the 5 percent threshold of the total voting rights of the business. The SEC found that Mr. Yim Leak was the UBO of such fund. Accordingly, he was required to report the acquisition of such shares to the SEC on Form 246-2 within three business days from the date of acquisition (by 9 December 2024). However, Mr. Yim Leak failed to submit such report to the SEC within the...
Bangkok, 23 January 2024 – The Securities and Exchange Commission (SEC) has filed a criminal complaint with the Department of Special Investigation (DSI) against former directors and executives of Crown Tech Advance Public Company Limited (AJD), (currently renamed as AJ Advance Technology Public Company Limited (AJA)) and their associates, totaling four entities, namely: (1) Mr. Amorn Meemano, (2) Mr. Pipat Patiwetphinyo, (3) Winsound (Thailand) co., Ltd., and (4) Mr. Tanachat Siriphaukham, on...
An examination on the provision of Zipup/ZipUp+ services, which offer returns in the form of bonus reward for users of Z Wallet on the digital asset exchange of Zipmex Thailand, showed that the company had notified changes to the terms and conditions of the ZipUp+ services whereby the services of Zipmex Thailand were transferred to Zipmex Asia Pte. Ltd., Singapore (Zipmex Asia) and/or other affiliated companies as designated, effective from 8 May 2022, and the Z Wallet deposit and withdrawal sys...
The SEC’s examination of facts in this case has led to the consideration that Zipmex disseminated or certified information that were potentially misleading in substance regarding digital asset prices. It was found that the information on the price and trading volume of Zipmex Token (ZMT) disclosed on *Zipmex’s digital asset exchange website was inaccurately and inconsistently presented to investors, the general public and the SEC. For example, the website did not show the trading prices fo...