Bangkok, January 19, 2012 - The SEC has suspended six investor contacts for involving in the share price manipulation of Traffic Corner Holding Plc. (TRAF), currently M Pictures Entertainment Plc
. (FOCUS) share price during April 24-25, 2008. His offense is in violation of Section 243 (1), Section 244 and Section 243(2) of the Securities and Exchange Act of 1992 in conjunction with Section 86 of the
shares on a continual basis causing the share price to be inconsistent with the normal market conditions to induce the public into trading of such share. Pathaipoom and Chalalai, then investor contacts of
The existing regulations for newly issued share offering through PP require that listed companies submit an application for approval to the SEC and disclose material information related to the
manipulative trading caused the TRAF share price to be inconsistent with the normal market conditions. In addition, Jantharapa, then an investor contact at KTB Securities, aided and abetted manipulative trading
shares on April 29, 2008 and RCI shares on May 2, 2008 in such a way that manipulated the prices of those shares, resulting in large trading volumes and change of share price inconsistent with normal
Bangkok, November 1, 2012 ? The Criminal Court sentenced Sagha Sakulekpaisan to two-year imprisonment for manipulating share prices of three companies, i.e., Focus Development and Construction PLC
, namely Prayuth Lertpinyopap, Naruephol Chatchalermvit and Ladda Ponsuwannapa, with the Department of Special Investigation for involving in share manipulations. The SEC findings revealed reasonable grounds
, Institutional Investor (II), Private Equity (PE) or Venture Capital (VC), and must not be advertised to the general public.In any case, the websites of OSEP and OSMEP do not show the name of the said company on
/category-detail/9365. In addition, an offering eligible for a waiver of approval application must be private placement only to specified persons in the SEC regulations*, for example, Institutional Investor