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Search Result for “probe investigation”

Showing 1 - 10 of 12

BUSINESS

Traders expect gold prices to continue to skyrocket

Nareerat Wiriyapong, Published on 12/01/2026

» Traders say gold prices should continue to rise in the near term after bullion broke through US$4,600 an ounce for the first time on Monday, resulting in the baht’s appreciation despite policymakers’ efforts to stem the rise.

BUSINESS

New Thaksin controversy hits Thai stocks' prospects

Business, Nareerat Wiriyapong, Published on 22/10/2024

» Global and local politics, including the Election Commission's (EC) decision to accept a case against Thaksin Shinawatra for dominating the internal issues of the ruling Pheu Thai Party, are limiting the upside for the Stock Exchange of Thailand (SET) after the Thai index briefly topped the 1,500-point range on Friday, say analysts.

BUSINESS

Energy Absolute reschedules bills of exchange payment

Business, Nareerat Wiriyapong, Published on 24/07/2024

» Ailing Energy Absolute (EA), which has been under investigation over alleged fraud involving former executives, has rescheduled payment of two of its tranches of short-term bills of exchange (B/E) due to tight liquidity.

BUSINESS

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.

BUSINESS

Sabuy to ask DSI for probe

Business, Nareerat Wiriyapong, Published on 19/12/2023

» Sabuy Technology Plc is scheduled to meet with the Department of Special Investigation (DSI) on Wednesday to ask the agency to investigate possible naked short selling of the company earlier this year after the Stock Exchange of Thailand (SET) insisted there was no such selling.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

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.

BUSINESS

Hoping for the best

Asia focus, Nareerat Wiriyapong, Published on 29/07/2019

» As the United States and China prepare to resume talks tomorrow in Shanghai in a bid to resolve their year-old trade war, businesses around the world are preparing for just about any outcome.