Showing 1 - 9 of 9
Amlo begins Stark asset seizures
News, Post Reporters, Published on 20/11/2023
» The Anti-Money Laundering Office (Amlo) has seized a first lot of assets owned by scandal-hit Stark Corp, about 349 million baht in total.
Chanin's B220m bank account frozen
News, Post Reporters, Published on 12/08/2023
» The Department of Special Investigation (DSI) has frozen a bank account worth 220 million baht belonging to scandal-hit Stark Corp's former chairman Chanin Yensudchai, DSI spokeswoman Pichaya Tarakornsanti said on Friday.
DSI charges two Stark execs
News, Post Reporters, Published on 22/07/2023
» The Department of Special Investigation (DSI) has pressed charges against two former executives of scandal-hit Stark Corporation for breaching the Securities and Exchange Act, DSI spokeswoman Pichaya Tarakornsanti said on Friday.
Stark faces 11,000 shareholder complaints
Post Reporters, Published on 06/07/2023
» About 11,000 individual shareholders through their representatives have joined the Securities and Exchange Commission (SEC) in filing complaints against Stark Corp Plc and its former executives for fraud related to falsified financial statements.
DSI agrees to look into Stark's finances
News, Post Reporters, Published on 23/06/2023
» The Department of Special Investigation (DSI) has agreed to investigate Stark Corporation over suspicions of fraud by its former executives, which came to light after the publicly listed wire and cable maker failed to submit its financial statements in time as required by law.
Stark stalls on debt deal negotiations
Business, Post Reporters, Published on 23/06/2023
» Stark Corporation, the SET-listed and financially troubled wire and cable manufacturer, has insisted it will not pay any debts until the company reaches agreements with every bondholder and creditor about the repayment methods.
Stark moves to reassure stakeholders over debt
Business, Post Reporters, Published on 28/04/2023
» Stark Corporation Plc has issued a statement to reassure its shareholders, bondholders and creditors, saying its operations are continuing as normal with a strong backlog of orders that could generate enough capital to service its financial liabilities.
Downturn hits tycoon pockets
News, Post Reporters, Published on 09/07/2022
» Amid a slow economic recovery, the collective wealth of tycoons on the 2022 Forbes list of Thailand's 50 richest fell nearly 6% to US$151 billion from a year ago.
TOA paints a rosy picture with new foreign plants
Business, Post Reporters, Published on 13/03/2019
» TOA Paint (Thailand) Plc, a SET-listed manufacturer and distributor of decorative and non-decorative paint and coating products, aims for 10% growth in 2019 revenue to 18 billion baht, largely driven by its overseas operations.