Bangkok, December 4, 2007 ? The Settlement Committee appointed by the Minister of Finance under Section 317 of the Securities and Exchange Act of 1992 (SEA) imposed fines on Boonchai Chaiteerath for manipulating the share price of Chai Watana Tannery Group Public Company Limited (CWT) and failing to report the acquisition and disposition of such shares to the SEC for the amounts of 500,000 baht and 5,236,500 baht, respectively. The Committee also fined Kachapan Pattrasap, Chusak Usombatchai and...
Bangkok, June 20, 2012 ? The Settlement Committee has imposed a fine of 80,995,415.67 baht on Prasong Suviwattanachai for manipulating share price of Unique Engineering and Construction PLC (UNIQ). With the referral from the Stock Exchange of Thailand on irregular trading of UNIQ shares as a result of trading orders sent via two overseas omnibus accounts causing the changes of UNIQ share price and trading volume to be inconsistent with the normal market condition, the SEC probed into the case a...
Bangkok, October 28, 2014 - The SEC revealed that the Settlement Committee imposed a fine of 768,925 baht on {A} for manipulating share price of Sahaviriya Steel Industries Plc. (SSI).With the referral from the Stock Exchange of Thailand, the SEC probed into the case and found that on September 16, 2013, {A} had traded 130.12 million SSI shares by placing a total of 299 trading orders through internet trading system. On that date, the SSI opening price was at 0.37 baht and remained unchanged unt...
Bangkok, February 19, 2014 - The SEC revealed that the Settlement Committee imposed a fine on {A} in the amount of 25,665,197.13 baht for manipulating share price of Rich Asia Steel Plc. (RICH).{A} was found colluding with other persons to trade RICH shares through 15 related persons? securities trading accounts during May 10 - July 31, 2007. The scheme had considerable impact on RICH share price and volume. In addition, a number of trading orders were also matched within the group to induce the...
Bangkok, January 22, 2010 ? The Settlement Committee imposed a fine of 500,000 baht (approx. USD15,151) on Anonchai Veeraprawat for manipulating the share price of Singha Paratech Plc (SINGHA) and another 500,000 baht on Olarn Viravan for insider trading of Phatra Insurance Plc (PHA)?s shares. Anonchai was found manipulating SINGHA share price on June 9, 2009 during 15.44 - 15.57 hrs., when transaction value and share prices went higher than the normal market condition without supporting inform...
Bangkok, January 22, 2010 ? The Settlement Committee imposed a fine of 500,000 baht (approx. USD15,151) on Anonchai Veeraprawat for manipulating the share price of Singha Paratech Plc (SINGHA) and another 500,000 baht on Olarn Viravan for insider trading of Phatra Insurance Plc (PHA)?s shares.Anonchai was found manipulating SINGHA share price on June 9, 2009 during 15.44 - 15.57 hrs., when transaction value and share prices went higher than the normal market condition without supporting informat...
, shareholders may ask themselves not what basic strategic decisions will best guide the company, but whether company assets and/or cash flows are being: (i) diverted by management or by the controller for their
Mrs. Pantipa Thirakanokvilai On January 30, 2013 and February 4, 2013, Mrs. Pantipa Thirakanokvilai, the financial controller of IT City Public Company Limited (IT) sold 374,440 shares of IT through
issued loans to four registered companies in Cyprus and another one in Singapore, in the total amount of approximately US$54 million dollars with Mr. Konoshita as the controller and the ultimate benefactor
once this issue had been first published, I would like to inform that such article provided general information without specifying any manipulator?s name. In our general surveillance process, if this