Showing 1 - 10 of 18
Court to declare former Stark executive bankrupt
Nuntawun Polkuamdee, Published on 30/10/2025
» The Central Bankruptcy Court is set to issue a ruling declaring Vonnarat Tangkaravakoon, former executive and major shareholder of scandal-plagued Stark Corporation (STARK), bankrupt, with orders to distribute assets to 3,417 creditors whose combined claims total 131.4 billion baht.
Key suspect in Stark fraud arrives in Bangkok after Dubai deportation
Online Reporters, Published on 23/06/2024
» Chanin Yensudchai, one of the key suspects in the Stark Corporation embezzlement scandal, arrived in Bangkok on Sunday after he was deported from Dubai.
Key suspect in Stark fraud arrested in Dubai
Onnucha Hutasingh, Published on 22/06/2024
» Chanin Yensudchai, one of the key suspects in Stark Corporation embezzlement scandal, has been arrested in Dubai and will be deported on Sunday, according to a source familiar with the case.
Authorities nab Stark's acting CEO in financial misconduct case
Chairith Yonpiam, Published on 11/02/2024
» Stark's acting CEO Vonnarat Tangkaravakoon, suspected of being involved in the scandals that have rocked the corporation recently, was arrested on Saturday in a hospital where he had been admitted for medical treatment.
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).
Stark finds B15.6bn of irregular transactions in audit
Bloomberg News, Published on 30/09/2023
» Stark Corp, a Thai industrial cable maker at the centre of an accounting scandal and debt defaults, discovered at least 15.6 billion baht of irregular transactions at its units after completing parts of a required special investigation.
Stark seeks to further delay report's deadline
Business, Nareerat Wiriyapong, Published on 19/07/2023
» Scandal-hit Stark Corporation is asking for a further delay in submitting its extended-scope special audit report, saying asset seizures by concerned agencies had disrupted the business and its filing to the Bankruptcy Court for capital and debt restructuring.
Ministry seeks quicker probe of listed firms
Business, Wichit Chantanusornsiri, Published on 18/07/2023
» The Finance Ministry is proposing prompt collective action to speed up the examination of listed companies in order to contain damage to the capital market, says permanent secretary Krisada Chinavicharana.
SEC confiscates assets of Stark
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 08/07/2023
» The Securities and Exchange Commission (SEC) has moved to confiscate the assets of Stark Corporation, as well as those of the company's largest shareholder and some former executives allegedly involved in falsifying accounts, in addition to prohibiting them from travelling abroad.
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.