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Search Result for “$3 million”

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BUSINESS

SEC files complaint for MORE share scam

Business, Nuntawun Polkuamdee, Published on 29/06/2023

» The Securities and Exchange Commission (SEC) has filed a complaint with the Economic Crime Suppression Division (ECD) and the Anti-Money Laundering Office (Amlo) against 32 individuals for their involvement in the 800-million-baht share manipulation of More Return Plc (MORE).

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BUSINESS

Investors cautioned to avoid trading OTO stocks

Business, Nuntawun Polkuamdee, Published on 29/06/2023

» An analyst has advised investors to avoid trading One To One Contacts (OTO) stock based on price volatility, though the company was cleared by a Stock Exchange of Thailand (SET) investigation over unusual trading volume.

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BUSINESS

Stark told to pay B6.9bn to bondholders

Business, Nuntawun Polkuamdee, Published on 22/06/2023

» Kasikornbank (KBank) and Asia Plus Securities (ASPS), representatives for Stark Corporation's bondholders, called for the immediate payment of bonds worth more than 6.9 billion baht after they decided to cancel tomorrow's bondholders' meeting.

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BUSINESS

Jaspal prepares for SET listing this year to expand

Business, Nuntawun Polkuamdee, Published on 22/06/2023

» Jaspal, the Bangkok-based ready-to-wear clothing company, is planning to float shares on the Stock Exchange of Thailand (SET) this year to mobilise fresh funds for expansion of its fashion and lifestyle business.

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BUSINESS

SET sounds alarm on TBN speculation

Business, Nuntawun Polkuamdee, Published on 21/06/2023

» The Stock Exchange of Thailand (SET) has warned investors to carefully study available information before trading TBN Corporation shares, which debuted on the Market for Alternative Investment (MAI) on Monday.

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BUSINESS

DBSV gauges impact of proposed tax hike

Business, Nuntawun Polkuamdee, Published on 30/05/2023

» A proposal put forward by the Move Forward Party (MFP) to hike the corporate tax rate could cause the profitability of large-cap companies on the Stock Exchange of Thailand (SET) to fall 3.5-3.7%, says DBS Vickers Securities (DBSV).

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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

KAsset is feeling bullish on China amid reopening

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» Kasikorn Asset Management (KAsset), the largest mutual fund company by assets under management (AUM), reports a healthy start to the year with net inflows of more than 30 billion baht in the first quarter.

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BUSINESS

Asian shares revive after big US tech rally

Business, Nuntawun Polkuamdee, Published on 29/04/2023

» RECAP: Shares in Asia rallied yesterday after robust earnings from tech giants Meta, Microsoft and Alphabet buoyed Wall Street, where the S&P 500 had its best day since the first week of the year.