) for falsifying the company?s documents and accounts in violation of Section 312 of the Securities and Exchange Act B.E. 2535 (1992) (SEA). The SEC?s finding indicated that Somchit proceeded or permitted
accounts and documents, and also prepared incorrect accounts with intention to deceive others about those fraudulent actions.Previously, the SEC had received complaint concerning POWER-P?s suspicious
Bangkok, February 16, 2015 ? The SEC filed a criminal complaint with the Department of Special Investigation (DSI) against nine alleged offenders for falsifying documents and accounts and corporate
The action follows the revocation of Renaissance FMC’s securities business and derivatives business licenses due to conduct demonstrating a lack of credibility, operational readiness, and serious
due care, and aiding and abetting others in their illegal activities. This includes facilitating investment consultants to trade securities by using client accounts and use non-financial institution
employee expenses and legal expenses. 4. Allowance for doubtful accounts and damages from lawsuit In year 2019, the Company has reversed of allowance for doubtful accounts due to the repayment from the
of steel Relationship with the Company Business Partners Debt amount * 252.08 million Baht Debt to Sales ratio** 7.33% Provision for allowance for doubtful accounts 100% of outstanding balance due to
doubtful accounts decreased by Baht 22.14 million from reversal of doubtful accounts due to the repayment from one of securities business debtor. The operating results in which equity method is applied of
quarter ending 31 March 2019 amounting to Baht 15.74 million, a decrease of Baht 21.47 million or 57.7%, although net earned premium and fee and commission income increased by Baht 20.4 million or 4.6%, due
Position The Company and its subsidiaries had total assets of Baht 82,585.59 million. A decrease of Baht 914.95 million from the end of prior year was mainly due to decreased accounts receivable and contract