The auditor expressed a qualified opinion on COMAN’s interim financial statements for the second quarter of 2024 because the auditor was unable to obtain sufficient, appropriate audit evidence regarding the failure to record allowance for uncollectible refunds of advance payments for goods and omit to estimate the recoverable amount of the investment in the subsidiaries to comply with financial reporting standards despite indications of impairment.Later, COMAN disclosed through the SETLink Elect...
The criminal complaint was imposed on two former GGC director and executive, namely (1) Mr.Jirawat Nooritanon, Managing Director at the time of the offense (during 2014 – 2018), and (2) Mr.Wanlop Thianthong, Vice President, Marketing, Commercial and Supply at the time of the offense, on account of failing to perform duties with responsibility, due care and loyalty as director or executive of subsidiary and listed company, which was deemed dishonest act causing damage to GGC. They committe...
Regarding the case of More Return Public Company Limited (MORE) share price and/or volume manipulation during July-November 2022, in which the SEC had continuously endeavored to bring all of the offenders into the enforcement proceedings, criminal complaints were filed with the Economic Crime Suppression Division (ECD) of the Royal Thai Police on 10 February and 27 June 2023, with 18 and 32 offenders, respectively, The DSI has accepted the case as its special case and the SEC has reported the ca...
SEC gives information on posting trading signs on listed securities in accordance with SET regulations to protect investors. SET posts supervisory signs on listed securities to warn investors to make investment decision carefully. For example, Notice Pending (NP) in case of awaiting material information, or Caution (C) in case a listed company has the characteristics as prescribed in the governing regulations.* For example:• Shareholders’ equity falls below 50 percent of the paid-up capital with...
Bangkok, October 17, 2013 ? The SEC advised shareholders of Wyncoast Industrial Park Plc. (WIN) to exercise their voting rights at the company?s Extraordinary General Meeting (EGM) on October 22, 2013 regarding the proposed asset disposal opposed by independent financial advisor. Under the proposal, most of WIN?s assets will be sold to a property fund.WIN earlier announced that it will propose to the EGM No. 1/2013 on October 22, 2013 for approval of selling 99.99 percent of its assets to Wyncoa...
Bangkok, March 21, 2013 ? The SEC informed all securities companies, asset management companies, financial advisors, and derivatives business operators in the capital market on the promulgation of the Anti-Money Laundering Act (No. 4) B.E. 2556 (2013) and the Counter-Terrorism Financing Act B.E. 2556 (2013).The promulgation of the above Acts demonstrates significant progress in meeting international standards on combating money laundering and the financing of terrorism & proliferation as recomme...
On 18 December 2024, the Central Bankruptcy Court issued an order for total receivership of the assets of Mr. Vonnarat Tangkaravakoon. Pursuant to the Bankruptcy Act, B.E. 2483 (1940), the next step is for the creditors to submit a request for debt repayment to the official receiver of the Legal Execution Department within two months from the publication date in the Government Gazette on 11 February 2025. The submission deadline is 11 April 2025**. The SEC is therefore suggesting STARK bondhold...
revised ( 27 record(s) found) Order Date Company Name Reviewed Financial Statement Details 10/01/2025 ETERNAL ENERGY PUBLIC COMPANY LIMITED SEC notifies EE to rectify financial statements for the year 2023
performance to prove that the fund manager’s responsibilities for overseeing and managing the fund as required, This is not in accordance with the work system that notifies the office before requesting to start
Statements which need to be revised ( 27 record(s) found) Order Date Company Name Reviewed Financial Statement Details 10/01/2025 ETERNAL ENERGY PUBLIC COMPANY LIMITED SEC notifies EE to rectify financial