SEC has amended the procedure to make it easier for asset management companies to seek a unitholders’ resolution to revise or modify a mutual fund project and its management procedure by
Bangkok, November 17, 2014 ?The SEC revoked the approval of Nakul Chaiyanil, a former fund manager for ten years for failure to perform his duty with honesty in relation to management of 101 Montri
Earlier, the Civil Penalty Consideration Committee resolved to apply civil sanctions against Mr. A for obstructing and failing to set up a board of directors meeting and a shareholders meeting to appoint new directors to fill vacancies while serving as IFEC director and chief executive officer. In addition, the SEC investigation found that Mr. A disobeyed the board of directors’ instruction and refused to cooperate with other IFEC directors to facilitate the board of directors’ meeting by...
Bangkok, 2 December 2016 ? The Criminal Fining Committee has imposed fines on Mr. Assavin Chingumtornvong, a former chief executive officer of Thai Industrial & Engineering Services Public Company
According to the referral from the Stock Exchange of Thailand (SET) and the SEC’s further investigation, Warot and Jeeranan, former EY assistant auditors, were involved in irregular securities and
Bangkok, June 12, 2015 ? The Supreme Court of Thailand sentenced Kanchana Laowtrakul to a five-year imprisonment without probation for aiding and abetting Nuprapat Snidvongs Na Ayudhya in seeking unlawful gains from Seamico Securities Public Company Limited (ZMICO). On December 29, 1999, the SEC filed a criminal complaint against Nuprapat, an ex-ZMICO director, on the charge of corporate fraud. Earlier, he had arranged for ZMICO to invest in shares of a listed company at the price not exceeding...
Bangkok, April 23, 2015 ?The Criminal Court sentenced 3 former executives of POWER-P Plc. (POWER), namely Ratchasak Susewi, Phongsak Khongpanyakul, and Siriporn Tangmitpracha as well as an accessory
Cement Public Company Limited (SCCC). Khumsup, who at the time was a former executive of SUPER, had an access to the material information by virtue of being assigned by SUPER to contact and coordinate with
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
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