Showing 1 - 10 of 14
SEC files criminal charge against Binance
Business, Darana Chudasri, Published on 03/07/2021
» The Securities and Exchange Commission (SEC) has filed a criminal complaint against Binance, the world's largest cryptocurrency exchange platform, for illegally operating a digital asset business without a licence under the Digital Asset Businesses Decree.
SEC files lawsuit against BX
Business, Darana Chudasri, Published on 23/12/2020
» The Securities and Exchange Commission (SEC) filed a criminal suit on Tuesday against Bitcoin Company Limited (BX), the country's first and the largest digital exchange which closed its business last year, alleging the company transferred customers' digital assets to digital wallets not authorised to hold customers' assets.
Deadline set for THAI creditors
News, Darana Chudasri, Published on 24/09/2020
» A deadline has been set for individual creditors to recover their money from Thai Airways International (THAI), with applications for debt repayment through corporate bonds getting underway on Wednesday.
Asia Capital defaults on B689m debt
Business, Darana Chudasri, Published on 26/06/2020
» MAI-listed Asia Capital Group Plc (ACAP) has defaulted on the repayment of debentures worth 689.40 million baht, subsequently resulting in a cross-default involving other debts totalling 1.89 billion baht.
An expensive lesson
Business, Darana Chudasri, Published on 05/03/2020
» Some investors are hooked on investing in high-yield corporate bonds amid the low interest rate environment. But the Energy Earth saga serves as a reminder of how an investment could yield nothing but a painful experience of deception and slow legal prosecution.
GL keen on higher loan quality
Business, Darana Chudasri, Published on 16/08/2019
» SET-listed Group Lease Plc (GL), a digital finance company, expects to see a turnaround in business operations from improved loan quality following a considerable second-quarter net loss.
Thai, Singapore debenture defaults tip of the iceberg
Business, Darana Chudasri, Published on 02/08/2019
» A series of debenture defaults in two of Southeast Asia's largest capital markets has yet to fan fears of a meltdown, but what is unfolding may be just the tip of the iceberg of financial irregularities.
A consequential SEC boss reflects on his tenure
Business, Darana Chudasri, Published on 06/04/2019
» After a four-year tenure that saw a royal decree enacted to supervise digital assets and the imposition of sanctions against tycoons for insider trading, outgoing secretary-general Rapee Sucharitakul will say a final farewell to the Securities and Exchange Commission on May 1, leaving behind a legacy imprinted in Thailand's capital market history.
GIF sorting out insurance debt
Business, Darana Chudasri, Published on 15/12/2018
» The General Insurance Fund (GIF) aims to complete liquidation next year and make payments worth an estimated 1.5 billion baht to creditors of four insurance companies that had their business licences revoked.
Narongdej family commits to repay B/E debts worth B50m
Business, Darana Chudasri, Published on 13/12/2018
» A member of the Narongdej family has vowed to repay debts incurred from issuing bills of exchange (B/Es) worth around 50 million baht in the latest episode of Wind Energy Holding (WEH)'s drama.