-supervision system for executive asset management that was insufficient to prevent conflicts of interest. Specifically, Bualuang Securities issued internal approvals exempting six executives from the firm’s
subsidiary, in the cumulative value of 180 million baht (73% of the total GSC’s asset) without the approval of shareholders. The interest rates of such loans were too low. The acts mentioned above did not
, in the cumulative value of 180 million baht (73% of the total GSC’s asset) without the approval of shareholders. The interest rates of such loans were too low. The acts mentioned above did not comply
repurchase project. However, at the time, the total proceeds from the capital fundraising through the private placement had already been fully utilized. Furthermore, STARK lacked retained earnings or
lacked retained earnings or sufficient liquidity to carry out the share repurchase project as disclosed. Such act was deemed a dissemination of false information or details that could materially mislead
been fully utilized. Furthermore, STARK lacked retained earnings or sufficient liquidity to carry out the share repurchase project as disclosed. Such act was deemed a dissemination of false information