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Search Result for “scandals”

Showing 1 - 10 of 96

BUSINESS

SET unleashes Jump Plus programme

Business, Nuntawun Polkuamdee, Published on 26/06/2025

» In a move to revive Thailand's struggling equity market, the Stock Exchange of Thailand (SET) is set to launch the Jump Plus programme today, aiming to restore investor confidence and accelerate value creation among listed companies.

BUSINESS

Bourse urges investor caution on MORE shares

Business, Nuntawun Polkuamdee, Published on 18/04/2025

» The Stock Exchange of Thailand (SET) has issued a warning to investors, urging them to consider attending the annual general meeting (AGM) of More Return Plc (MORE) on Friday, while thoroughly reviewing the proposed capital increase of 30% of the company's capital.

BUSINESS

Accounting giant PwC reported exiting many countries to avoid scandals

Reuters, Published on 16/04/2025

» BENGALARU, India - Giant global accounting firm PwC has shut down operations in more than a dozen countries deemed too small, risky or unprofitable as it manoeuvres to prevent repeats of scandals that have affected it, the Financial Times reported on Wednesday.

BUSINESS

Thailand to give market regulator more power to prevent fraud

Published on 27/03/2025

» Thailand has introduced an emergency decree to grant its capital markets regulator more power in its oversight and supervision after a series of corporate scandals rattled investor confidence.

BUSINESS

World’s biggest stock rout deepens as Thai market rescue falters

Bloomberg, Published on 17/03/2025

» An ambitious campaign to revive Thailand’s battered stock market is falling flat, as entrenched pessimism about the economy accelerates a foreign funds exodus. 

BUSINESS

SET to use AI to improve market oversight

Bloomberg News, Published on 28/11/2024

» The Stock Exchange of Thailand (SET) plans to use artificial intelligence tools to improve monitoring of listed companies as it grapples with rising instances of corporate fraud.

BUSINESS

New Thai stock market chief vows to restore confidence

Bloomberg News, Published on 02/10/2024

» The new head of the Stock Exchange of Thailand plans to prioritise restoring investor confidence in a capital market that has been dented by a number of corporate scandals, concerns over illegal short selling and a spell of political turmoil.

BUSINESS

Raimon Land vows to take action against shareholder claims

Business, Post Reporters, Published on 24/08/2024

» SET-listed developer Raimon Land (RML) has confirmed its full compliance with the regulations of the Stock Exchange of Thailand (SET) and the Securities and Exchange Commission (SEC), adding it plans to take legal action against false claims made by a shareholder.

BUSINESS

Raimon Land confirms full compliance with SET and SEC regulations

Published on 23/08/2024

» Raimon Land Plc (RML) issued a statement refuting the allegations made by Arthit Narula, a retail shareholder holding 0.34% of the company's shares. RML clarified that it has no connection with the embattled Energy Absolute Plc (EA) or its executives and major shareholders. The statement also referenced RML, Patee Sarasin, the Narongdej family, and Mesa Thai Pte, one of its major shareholders.

BUSINESS

Thai ESG fund tax breaks improved

Bloomberg and Online Reporters, Published on 30/07/2024

» The cabinet on Tuesday approved changes aimed at making Thai ESG funds more attractive, which in turn is expected to stimulate investment in the struggling Stock Exchange of Thailand.