Showing 1 - 10 of 21
JKN ordered to explain restructuring moves
Business, Nareerat Wiriyapong, Published on 02/02/2024
» The Stock Exchange of Thailand (SET) has ordered JKN Global Group (JKN) to clarify facts by next Tuesday regarding the company's shareholder restructuring and the share divestiture to a strategic partner, saying such information is not in line with its filings to the bourse.
Nusasiri shares fall after SET issues deadline
Business, Nareerat Wiriyapong, Published on 24/01/2024
» Shares of Nusasiri Plc (NUSA) dipped by nearly 6% on Tuesday after the Stock Exchange of Thailand (SET) set a deadline of Jan 25 for the property developer to clarify facts about its request to the Civil Court to revoke its share swap with Wind Energy Holding (WEH).
Pundits say SET index could slip below 1,300
Business, Nareerat Wiriyapong, Published on 14/12/2023
» The Stock Exchange of Thailand (SET) index, which plunged to a three-year low on Wednesday, could slip further to below 1,300 points in the near term as foreign funds continue to exit, say analysts.
TCG Social Media files lawsuit against JKN Global
Business, Nareerat Wiriyapong, Published on 25/11/2023
» TCG Social Media Group, a gold-backed cryptocurrency platform, has filed a lawsuit against JKN Global Group demanding the owner of the Miss Universe Organization pay 1 billion baht in damages, as well as additional charges for asset embezzlement.
Crypto platform TCG sues Miss Universe owner JKN over coin scam
Nareerat Wiriyapong, Published on 24/11/2023
» TCG Social Media Group, the gold-backed cryptocurrency platform, has filed a lawsuit against JKN Global Group (JKN), demanding the owner of the Miss Universe Organization pay 1 billion baht in damages, as well as additional charges of asset embezzlement.
Two stimulus schemes could face hurdles
Business, Nareerat Wiriyapong, Published on 15/11/2023
» Legal and funding challenges could derail or significantly scale down implementation of the costly digital wallet and e-refund schemes the government plans to roll out next year, blunting GDP growth estimates for 2024, according to analysts.
Creditors file in court for PDITL rehabilitation
Business, Nareerat Wiriyapong, Published on 26/10/2023
» Four financial creditors of Phelps Dodge International (Thailand) (PDITL), a subsidiary of the scandal-plagued, SET-listed Stark Corporation, have jointly filed for the rehabilitation of Stark's cable-making unit to the Central Bankruptcy Court, according to the company's filing to the Stock Exchange of Thailand (SET).
Nation warned of lost opportunities
Business, Nareerat Wiriyapong, Published on 26/07/2023
» Foreign business communities in Thailand are hoping that the new government is established within one month, as the longer it is delayed the more opportunities the country will lose, according to the former chairman of the Joint Foreign Chambers of Commerce in Thailand (JFCCT).
Stark seeks to further delay report's deadline
Business, Nareerat Wiriyapong, Published on 19/07/2023
» Scandal-hit Stark Corporation is asking for a further delay in submitting its extended-scope special audit report, saying asset seizures by concerned agencies had disrupted the business and its filing to the Bankruptcy Court for capital and debt restructuring.
SEC files charges against Stark Corp for misconduct
Business, Nareerat Wiriyapong, Published on 07/07/2023
» The Securities and Exchange Commission (SEC) has filed charges with the Department of Special Investigation (DSI), accusing Stark Corporation and nine others, including the company's largest shareholder, of financial misconduct.