Bangkok, 23 June 2017 ? The SEC has ordered Polaris Capital Public Company Limited (POLAR) to have an auditor conduct a special audit on the sources, existence and completeness of its accounting records and its disclosure of liabilities in the financial statements as previously reported in the application for business rehabilitation. The results of the special audit must be disclosed within 30 days.On 8 May 2017, POLAR submitted the financial statements for the year 2016 to the SEC wherein the a...

Section 58 (3) of the Securities and Exchange Act B.E. 2535 (1992), orders EARTH to arrange a special audit on the advanced payments for goods and purchase deposits by an auditor from any of the Big Four

Bangkok, 15 September 2016 ? The SEC has ordered North Heaven Private Equity Asia Company Limited, the tender offeror of DSG International (Thailand) Public Company Limited (DSGT), to disclose more information on the ultimate tender offeror as such information is material to the DSGT shareholders? decision making whether to accept or decline the tender offer.The deadline for the additional disclosure is 19 September 2016.On 5 September 2016, North Heaven filed a voluntary tender offer of DSGT se...

Securities (Thailand) Plc., and revealed non-compliant performance of {C}, for not taping clients' trading orders.  Following referral from the Stock Exchange of Thailand indicating that {A} and {B} failed to

and other persons. Specifically, he falsified documents for securities trading orders to deceive the company into transferring money to his and other persons? banking accounts. He also misappropriated

Bangkok, May 10, 2010 ? The SEC has ordered ING Funds (Thailand) Company Limited (ING Funds) and Siam City Bank Public Company Limited (SCIB), the fund supervisor of T.U. Dome Residential Complex Property Fund (TU-PF) under ING Funds management, to rectify deficiencies in their internal control immediately. SCIB is also ordered to file a claim against ING Funds for compensation for the benefit of TU-PF unitholders.  The SEC?s additional investigation into ING Funds? operation in response to comp...

Bangkok, September 14, 2009 ? The Criminal Court ordered another 60-day extension of asset freeze against 12 alleged offenders on Picnic Corporation Plc. (PICNI) case, namely Suriya Lapvisuthisin, Suthep Akkawuthikrai, Phanuwat Lertviset, Sasithorn Wuthiruengsakul, Asset Million Co., Ltd. (AMC), Wandee Tocharoen, Lakhana Sawaengha, Silom Planner Co., Ltd., Sonthaya Noicharoen, Thammanoon Thonglue, M.L. Chaipat Chayangkura and Thanongsak Srithongkham. On March 13, 2009, the SEC filed a criminal c...

Bangkok, 8 June 2017 ? With reference to Energy Earth Public Company Limited (EARTH)'s disclosure of the default on the bills of exchange (B/E) repayment to the Stock Exchange of Thailand (SET) in the evening of 7 June 2017, it has been found that the disclosure lacks sufficient details on the cause and effect of the default on other debts, EARTH's financial condition and operating results. Since such material information could affect the benefits of securities holders, investment decisions and...

Bangkok, 13 December 2016 ? The Criminal Fining Committee has imposed a separate, equal fine, totaling at 5,917,125 baht, on five joint principals in the manipulation of the Yong Thai Public Company Limited (YCI) share, namely (1) Mr. Yangyong Intarasongkraw, (2) Mrs. Woranan Lertkulthum, (3) Mr. Bhanurak Saengaram, (4) Mr. Chanya Leerungruangporn, and (5) Ms. Kornyachath Yodapikul. Their offence was related to the earlier complaint filed with the Department of Special Investigation (DSI) on 14...