” with the intention of convincing the public to invest in derivatives offered by him with gold or an industrial group indices as the underlying commodities, and he has received benefits from investors
convincing fact that IFEC paid the payment of 60 million baht to purchase the land and building. Even though, due to the partial payment of 20 million baht provided for Mr.Sittichai and Mr.Apichart's
, we found the convincing fact that IFEC paid the payment of 60 million baht to purchase the land and building. Even though, due to the partial payment of 20 million baht provided for Mr.Sittichai and
, the SEC found convincing evidence indicating that during January 15- July 2, 2002 Apichart, Ratchanee, Krisda and Preecha traded KARAT?s shares through the accounts of Rachanee, person close to
-term Liabilities 84.66 100.85 91.99 -8.86 -8.78 7.33 8.66 Retained Earnings 435.91 717.96 718.08 0.12 0.02 282.17 64.73 Total Liabilities and Retained Earnings 712.99 1,215.54 1,182.82 -32.72 -2.69
, however, not complied with the accounting standards stating that the revaluation surplus has to be transferred directly to retained earnings when the asset is retired. The SEC thus instructed ABC to rectify
directly to retained earnings when the asset is retired. The SEC thus instructed ABC to rectify such financial statements, and submit to the SEC and publicly disclose the reviewed financial statements by
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