Bangkok, 24 October 2017 ? The SEC has revoked the approval for Mr. Pisist Phong-pheuag, then working for Apple Wealth Securities Public Company Limited, as a capital market investment consultant for 10 years on account of deceiving several clients, falsifying documents, spending clients? money for his own interest, and using clients? trading accounts to trade securities for himself.Following a complaint inspection report from Apple Wealth Securities, the SEC has investigated further and found t...
Bangkok, 5 September 2017 ? The SEC has filed a criminal complaint against Mr. Wichai Thavornwattanayong, Chairman of the Board of Directors of Inter Far East Energy Corporation Public Company Limited (IFEC), with the Economic Crime Suppression Division of the Royal Thai Police (ECD) for committing dishonest acts to gain unfair advantage for himself or other persons. During the month of December 2016, the number of IFEC directors was insufficient to form a quorum as required by law. Wichai, in...
Bangkok, 2 December 2016 - The Criminal Fining Committee has imposed a fine of 5,560,000 baht on {A}, a former director of Jasmine International Public Company Limited (JAS), for failing to perform duties honestly and seeking unlawful benefits from derivatives investment based on non-public information.Following the SET's referral, the SEC conducted a further investigation and found that {A}, then a JAS director, had learned from the Board of Directors' meeting invitation that on 25 January 2016...
Economic Crime Suppression Division (ECSD) on the ground of performing duties dishonestly when he failed to disclose IFEC default on its bills of exchange. In addition, the SEC has instructed IFEC directors
Mr.Theeratchanon Lapvisutisin Mr.Theeratchanon Lapvisutisin, as president of of Picnic Corporation Plc. (PICNI), fraudulently caused damage to PICNI by misappropriating the company's money for
ADAM to fraudulently acquire Kitha Properties to be a subsidiary of ADAM by purchasing the total amount of Kitha Properties’ ordinary shares in 2014, although they have already known that Kitha
of acting deceitfully, fraudulently or dishonestly, which caused widespread damage, regardless of whether under Thai or foreign laws, within a period of ten years prior to the date of submitting an
behavior indicating unsound financial condition; 2. within five years prior to the date of filing the application, the does not have tainted history or undertake any business fraudulently or indicating lack
company, dishonestly violated his duties. The statute of limitations ran out. SEC Act S.307 311 Criminal Complaint Filed with an Inquiry Official Dated 06/09/2010