to take action against alleged insider trading of certain listed securities where a group of persons gained multi-million baht of benefits by purchasing such securities with information on change of
Bangkok, August 21, 2012 ? The SEC revealed that the Settlement Committee has imposed a fine of 500,000 baht on Sunthorn Chaononghin, then an engineer of Solartron PLC (SOLAR), for trading SOLAR shares by using non-public information about SOLAR and Wuxi Suntech Power Co., Ltd. (SUNTECH) jointly won the bid for solar power plant project of Bangchak Petroleum PLC (BCP) in which SOLAR will be entitled to revenue sharing around 1,120 million baht.With the referral from the Stock Exchange of Thailan...
Bangkok, September 13, 2013 ? The SEC revealed that the Settlement Committee imposed a total fine of 1,652,516.19 baht on Swake Srisuchart for using inside information to purchase Power Line Engineering Plc. (PLE) shares; as well as Usavadee Srisuchart and Perayuth Nark-In for aiding and abetting Swake?s wrongdoing. With the referral from the Stock Exchange of Thailand (SET), the SEC probed into the case and found that from April 7 to 21, 2010, Swake had, via other persons? securities accounts,...
Bangkok, November 27, 2013 - The SEC revealed that the Settlement Committee imposed a total fine of 10,488,534.01 baht on {A} for using inside information to purchase {X1} Plc. shares; as well as {B} and {C} for aiding and abetting {A}'s wrongdoing.With the referral from the Stock Exchange of Thailand (SET), the SEC probed into the case and found that during November 16 - December 7, 2010, {A}, then a {X1} director, had purchased 1,030,000 {X1} shares through trading accounts of {B} and {C} in t...
333,333.33 baht for aiding and abetting in the aforesaid insider trading. According to a referral from the Stock Exchange of Thailand (SET) and the SEC?s own investigation, the aforesaid individuals from (1
Bangkok, August 15, 2011 ? The Settlement Committee imposed a fine on Phaibul Chalermsaphayakorn, Pongchalerm Chalermsaphayakorn, and Chaiwat Cruecha-em for using undisclosed information they had obtained by virtue of their positions to sell shares and warrants of Unique Mining Services Plc. (UMS) and also imposed a fine on Patra Chalermsaphayakorn as an aider. The Settlement Committee imposed a respective fine of B5,363,120.64, B1,296,010.44, B3,723,416.40 and B333,333.33 on Paiboon, Pongsach...
Bangkok, October 28, 2014 ? The SEC revealed that the Settlement Committee imposed a total fine of 1,887,659.33 baht on Sumit Chanmatee and Satja Janetumnugul, as principal, for using inside information to purchase Rayong Purifier Plc. (presently known as RPCG Plc.) (RPC) shares for their own benefits, as well as Piyanuch Janetumnugul as aider and abettor in the scheme. With the referral from the Stock Exchange of Thailand, the SEC's probe found that during April 30 ? May 10, 2012, Sumit and Sat...
Bangkok, October 28, 2014 - The SEC revealed that the Settlement Committee imposed a total fine of 1,887,659.33 baht on {A} and {B}, as principal, for using inside information to purchase {X1} Company (presently known as {X2} Company) shares for their own benefits, as well as {C} as aider and abettor in the scheme.With the referral from the Stock Exchange of Thailand, the SEC's probe found that during April 30 - May 10, 2012, {A} and {B} had purchased 2,514,800 and 490,000 {X1} Company shares, r...
Bangkok, March 19, 2014 - The SEC revealed that the Settlement Committee imposed a fine of 500,000 baht on {A} for using inside information to purchase {X1} Company shares for his own benefit.With the referral from the Stock Exchange of Thailand, the SEC's probe found that during November 9-22, 2012, {A} purchased 1,786,100 {X1} Company shares based on the company positive non-public information material to {X1} Company share price. The purchases were made through trading accounts of his son in...
Bangkok, November 26, 2014 - The SEC revealed that the Settlement Committee fined {A} {B} and {C}, as principal, along with two aiders and abettors, namely {D} and {E} for using inside information to purchase S.P. Suzuki Plc. (SPSU) shares for their own and other persons' benefits. The total fine was 12,831,738.66 baht.With the referral from the Stock Exchange of Thailand (SET), the SEC probe found that during April 8 - June 15, 2010, {A} {B} and {C} had purchased SPSU shares through securities...