Showing 1 - 10 of 560
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.
New House speaker propels Thai stocks
Business, Nareerat Wiriyapong, Published on 05/07/2023
» The Stock Exchange of Thailand (SET) rebounded modestly on Tuesday as investors hailed the selection of a House speaker as a breakthrough in the political impasse, ahead of the parliamentary vote for a new prime minister later this month.
The Stark reality of a company in decline
Business, Nareerat Wiriyapong, Published on 05/07/2023
» As the public awaits clarity on the formation of a new government, investor confidence is trying to rebound from the plunge caused by alleged fraud at Stark Corporation.
Stark mulls major moves to retain listed status
Business, Nareerat Wiriyapong, Published on 30/06/2023
» Financially ailing Stark Corporation is considering filing for court-supervised capital and debt restructuring, divesting shares in non-core subsidiaries, and increasing registered capital in order to retain its status as a listed company.
Bourse edges down amid global jitters
Business, Nareerat Wiriyapong, Published on 28/06/2023
» Uncertainty in Russia and loan defaults in China's property sector must be closely watched because they could drag down the Stock Exchange of Thailand (SET) index, which remains under 1,500 points, say analysts.
Thai stock index remains low amid foreign sell-off
Business, Nareerat Wiriyapong, Published on 24/06/2023
» The Stock Exchange of Thailand (SET) index slipped below 1,500 points in early trading hours yesterday, then traded near the 1,500-point mark for most of the day as foreigners continued to sell Thai shares amid interest rate hikes and political uncertainty.
Delta blames volatility on external factors
Business, Nareerat Wiriyapong, Published on 22/06/2023
» Delta Electronics (Thailand) informed the Stock Exchange of Thailand (SET) the company's share price fluctuations were caused by external factors and its financial fundamentals remained robust, as the stock continued to sway on Wednesday.
Delta Electronics dump weighs on SET performance
Business, Nareerat Wiriyapong, Published on 21/06/2023
» Shares of Delta Electronics plunged by nearly 20% on Tuesday, dragging down the bourse after the Stock Exchange of Thailand (SET) imposed market surveillance measures on the equity, citing unusual rises in price.
Stark asks for more time for special audit report
Business, Nareerat Wiriyapong, Published on 15/06/2023
» Stark Corporation has asked the Securities and Exchange Commission (SEC) to delay the deadline for the submission of its special audit report by another 30 days from Friday, but indicated it is prepared to file its 2022 financial statement on July 16, as required by the regulator.
MGC-Asia morphs into a lifestyle mobility company
Business, Nareerat Wiriyapong, Published on 10/06/2023
» SET-listed auto retailer Millennium Group Corporation (MGC-Asia) is no stranger to business diversification.