in violation of the rule whereby securities selling or allocation to directors, executives and related parties of the responsible underwriter is prohibited to prevent such persons from taking unfair
Chaichanajarak, (4) Mr. Nontawat Dhanasuwiwath, colluded to purchase Panacee Grand Hotel Roemerbad (Panacee) in Germany at a significantly higher price than the appraised price based on the market approach. They
, Wichai, as Chairman of the Board of Directors and both meetings, arranged for the election by means of cumulative voting despite knowing that such method was not allowed according to the company’s articles