Showing 1 - 8 of 8
Energy Absolute launches probe into fraud claims
Business, Nareerat Wiriyapong, Published on 16/07/2024
» SET-listed Energy Absolute (EA) has set up a committee to look into the alleged fraud committed by its former chief executive and chief financial executive, yet the renewable energy producer insisted it would go ahead with a 5.5-billion-baht bond issuance, despite the recent negative developments pertaining to the company's credibility.
Creditors file in court for PDITL rehabilitation
Business, Nareerat Wiriyapong, Published on 26/10/2023
» Four financial creditors of Phelps Dodge International (Thailand) (PDITL), a subsidiary of the scandal-plagued, SET-listed Stark Corporation, have jointly filed for the rehabilitation of Stark's cable-making unit to the Central Bankruptcy Court, according to the company's filing to the Stock Exchange of Thailand (SET).
SET imposes strict new rules on Stark
Business, Nareerat Wiriyapong, Published on 01/08/2023
» The Stock Exchange of Thailand (SET) has found additional grounds for the possible delisting of scandal-hit Stark Corporation securities and has imposed more stringent rules for the company in submitting its 2023 financial statement to eliminate certain grounds for delisting.
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.
Stark shares return from SET suspension for one month
Business, Nareerat Wiriyapong, Published on 30/05/2023
» Shares of Stark Corporation (STARK) return to trade for a period of one month starting on Thursday for cash accounts, but the suspension (SP) sign will be reposted on the stock from July 1 if the company fails to submit its complete financial statements by that date, says the Stock Exchange of Thailand (SET).
MORE to proceed with capital increase
Business, Nareerat Wiriyapong, Published on 23/11/2022
» More Return Plc (MORE) insisted on Tuesday it would continue with a plan to raise capital amid an ongoing investigation into suspicious transactions of its shares that prompted the Stock Exchange of Thailand (SET) to suspend trade of the stock last week.
On with the wind
Asia focus, Nareerat Wiriyapong, Published on 24/02/2020
» Seven years ago when Olivier Duguet moved to Southeast Asia to pursue his dream as an energy entrepreneur, things got off to a rocky start. As he explored opportunities in Thailand and Cambodia, the Frenchman faced challenges -- some of which are still unresolved -- but that didn't hold him back from establishing a foothold in the renewable energy business in the region.
Road to recovery
Asia focus, Nareerat Wiriyapong, Published on 20/08/2018
» Plastics offer many advances that improve everyday life -- from packaging that helps reduce food waste to life-saving innovations in the medical field. At the same time, plastics are seen as a key contributor to a global environmental catastrophe because not all plastic waste ends up where it should.