, Kachen or Komgrich Luechanya or Chitsanucha Piyakanin), to imprisonment for permitting or participating in the preparation of incorrect or inaccurate accounts and public fraud. Previously, on November 8
Bangkok, October 7, 2015 ? The Criminal Court sentenced Ratchasak Susewi, former executive of POWER-P Plc. (POWER) responsible for the company operation, for corporate fraud. Ratchasak permitted POWER-P to pay 45 million baht higher than actual value as deposit for shares purchase of another company. In addition, he permitted false records or no record of important information in the company?s accounts and documents, and also prepared incorrect accounts with intention to deceive others about th...
Bangkok, December 17, 2015 - The SEC has filed a criminal complaint against {A}, former managing director of Ramkhamhaeng Hospital Public Company Limited (RAM), with the Department of Special Investigation (DSI) for (1) failing to perform duties responsibly, carefully and honestly, (2) seeking unlawful gain for himself or other persons causing damage to the company, and (3) committing or permitting wrongful acts against RAM documents.The SEC found that {A}, then RAM managing director responsible...
The SEC’s instruction followed the latest developments within IFEC organization, namely the resolution of IFEC Extraordinary Shareholders’ Meeting No. 1/2561, appointing new directors to fill in the vacancies, the company’s registration of the replacing directors with the registrar at the Department of Business Promotion, the Ministry of Commerce, the registrar’s acceptance of the registration of the six new directors on 8 March 2019, causing the IFEC Board to fully comprise 8 directors,and the...
SEC is proposing to amend the SEA in the part related to the preparation and submission of interim financial statements of listed companies. The amendment would allow SEC to have more flexibility in
the Project, business operators will gain knowledge and better understanding about capital market, relevant fund raising rules and regulations, and preparation for going public. In addition, they will
The SEC has implemented the initial intensive measures for securities public offering companies and listed companies that commission carbon footprint preparation reviewer in accordance with the
could affect the preparation of financial statements of listed companies. The main objective of the guidelines is to ensure clarity of application of accounting standards in financial statements of
Bangkok, November 14, 2014 ? The SEC revised the criteria for Turnover List preparation to better reflect current market environment. On December 4, 2014, the first Turnover List prepared under the
public offering companies and listed companies to continuously engage reviewers in the preparation of carbon footprint information disclosure, the SEC has issued the notification, extending the fee