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BUSINESS

Warning over OTO shares after steep drop

Business, Nuntawun Polkuamdee, Published on 15/06/2023

» The Stock Exchange of Thailand (SET) has told investors to exercise caution and study information carefully regarding the trading of One to One Contacts Plc (OTO) shares, citing irregular trading volume on June 12-13.

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BUSINESS

Stark enters arbitration with 2 firms

Business, Nuntawun Polkuamdee, Published on 13/06/2023

» SET-listed Stark Corporation is entering an arbitration dispute with German firms Leoni AG and Leoni Bordnetz-Systeme GmbH, which claim €608 million from the company, citing a violation of their sales and purchase agreement.

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BUSINESS

Stark case puts spotlight on mutual fund managers

Business, Nuntawun Polkuamdee, Published on 09/06/2023

» The Association of Investment Management Companies (AIMC) tried to assure investors yesterday about the selection process of mutual funds that held shares in Stark Corporation (STARK), saying the funds follow international standards when making investment decisions.

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BUSINESS

SEC issues facts on bond investment

Business, Nuntawun Polkuamdee, Published on 08/06/2023

» As Stark Corporation is projected to potentially default on the payment of bonds worth nearly 9.2 billion baht, the Securities and Exchange Commission (SEC) has released guidelines for investors to track damages.

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BUSINESS

Class action law to be used to protect Stark investors

Business, Nuntawun Polkuamdee, Published on 07/06/2023

» The Stock Exchange of Thailand (SET) and the Association of Investment Management Companies (AIMC) are preparing to use class action law to protect investors' interests as the Department of Special Investigation (DSI) probes potential fraud among former executives of Stark Corporation.

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BUSINESS

Foreigners flee Thai stocks

Business, Nuntawun Polkuamdee, Published on 07/06/2023

» Foreign investors sold nearly 100 billion baht worth of Thai shares in the first five months of this year, including 33.4 billion baht divested in May alone, due to rising global interest rates and uncertainties in forming the new government.

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BUSINESS

New government urged to avoid excessive spending

Business, Nuntawun Polkuamdee, Published on 31/05/2023

» The stock market will be gripped by panic if the new government is "addicted to budget deficits", raising doubts about fiscal sustainability, says Kiatnakin Phatra Securities (KKP).

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BUSINESS

Asian investors hold breath amid US debt drama

Business, Nuntawun Polkuamdee, Published on 27/05/2023

» RECAP: Asian markets mostly rose on Friday but investors remained on edge heading into the weekend amid concern that US debt-ceiling negotiations could still break down.

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BUSINESS

SET seeks long-term plan for the future

Business, Nuntawun Polkuamdee, Published on 26/05/2023

» The Stock Exchange of Thailand (SET) has posted the highest trading value in Asean since 2012, though it needs a long-term plan to manage the opportunities and challenges as capital markets evolve, according to the bourse.

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BUSINESS

KTAM sets out investor risk factors amid US uncertainty

Business, Nuntawun Polkuamdee, Published on 24/05/2023

» Krungthai Asset Management (KTAM) has highlighted three factors that warrant caution for investors, urging them to sell US dollars, US bonds and US tech stocks amid ongoing uncertainties.