Determination of Untrustworthy Characteristics of Company Directors and Executives
while concealing their trading activities to mislead the public regarding the share price and trading volume of BA. Consequently, the BA price and trading volume became inconsistent with normal market
2014, the 24 individuals were engaged in the manipulation of MILL shares, which caused the trading activities of the shares to be inconsistent with normal market conditions. In summary, (1) Mr. Sittichai
regarding the prices or trading volumes of such shares, and involved a series of continuous trading orders, with the intention to cause the share prices or the trading volumes to be inconsistent with normal
trading activities of ABC shares were inconsistent with normal market conditions. As a result, the closing price jumped from 2.38 baht to 7.80 baht and the daily trading volume significantly increased from
KIAT share to be inconsistent with the normal market condition, causing the price of KIAT share to rise from 7.75 baht to 15.60 baht. The 13 offenders are (1) Mr. Kiatichai Monsereenusorn, (2) Mr. Nam
. Their misconduct also included arranging or allowing fabrication of accounting records inconsistent with the facts to deceive other persons. The 25 persons charged with the criminal complaints are as
have sufficient checks and balances; Directors/ executives/ controlling persons must not have untrustworthy characteristics. Disclosure of information is complete and sufficient for making a decision to
and Exchange Commission No. Kor Jor. 3/2560 Re: Determination of Untrustworthy Characteristics of Company Directors and Executives By virtue of Section 14, Section 89/3 and Section 89/6 of the
subject to civil sanctions by the Civil Sanction Committee has disqualified him from becoming a director or executive of a securities company or a listed company as he is deemed to possess untrustworthy