Showing 1 - 10 of 23
Court lets 7 firms file charges against Stark
Business, Nuntawun Polkuamdee, Published on 13/06/2024
» The Criminal Court has accepted a petition from seven asset management firms damaged by fraud committed by Stark Corporation, joining the prosecutor in filing criminal charges against the SET-listed company for eight offences of fraud and public deception.
More support vowed for retail investors
Business, Nuntawun Polkuamdee, Published on 09/04/2024
» The Thai Investors Association (TIA) is promising to be more active in assisting class action lawsuits by establishing a centre to help retail investors who claim damages from stock investments.
SEC charges 3 former Stark executives
Business, Nuntawun Polkuamdee, Published on 28/12/2023
» The Securities and Exchange Commission (SEC) has filed insider trading charges against three former directors or executives of fraud-plagued Stark Corporation with the Department of Special Investigation (DSI).
Experts at forum predict reversal in stock market's fortunes
Business, Nuntawun Polkuamdee, Published on 09/11/2023
» Global stock markets, particularly emerging markets such as Thailand, are expected to rebound significantly next year on easing concerns about inflation and high interest rates, while the Middle East conflict could have a limited impact unless it expands into a regional conflict, experts said yesterday.
SEC mulls compensation fund for fraud victims
Business, Nuntawun Polkuamdee, Published on 11/10/2023
» The Securities and Exchange Commission (SEC) is studying the establishment of a compensation fund for investment fraud victims, with the study expected to conclude by year-end, says the new secretary-general.
Fetco to discuss capital market reforms with PM
Business, Nuntawun Polkuamdee, Published on 19/09/2023
» The Federation of Thai Capital Market Organizations (Fetco) is preparing to meet with Prime Minister Srettha Thavisin on Sept 25 to propose measures to support the Thai capital market towards long-term sustainability.
SET to beef up listed company oversight
Business, Nuntawun Polkuamdee, Published on 14/09/2023
» The Stock Exchange of Thailand (SET) is preparing to strengthen its supervision of listed companies on both the main bourse and the Market for Alternative Investment (MAI) next year to bolster fraud prevention and warn investors about potential misconduct.
Investigations into ethics accelerated
Business, Nuntawun Polkuamdee, Published on 05/09/2023
» The Federation of Accounting Professions (FAP) is accelerating investigations into auditors' ethics in the case of the scandal-hit Stark Corporation, with the aim of restoring confidence to set a better standard for auditing companies in the future.
Regulators urged to end risky trading tactic
Business, Nuntawun Polkuamdee, Published on 15/08/2023
» Market regulators are urged to consider cancelling cash account stock trading because the method often creates artificial trading and exposes brokers to distorted share prices.
SET upbeat despite plunge in trading value
Business, Nuntawun Polkuamdee, Published on 11/07/2023
» Scandals related to Stark Corporation and other negative factors caused the trading value of the Stock Exchange of Thailand (SET) to plummet by 33% year-on-year in June to 47.9 billion baht, but the bourse remains optimistic that investor confidence will improve in the second half.