Showing 41 - 50 of 636
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.
Dozens held in Italian mafia crackdown
Published on 27/06/2023
» MILAN: Dozens of people have been arrested in a new police raid against the ‘Ndrangheta mafia that has revealed how its multiple illegal activities have spread as far as Austria and Germany, Italian authorities said on Tuesday.
A 99% stock crash and shock default raise alarm
Bloomberg News, Published on 23/06/2023
» Only a year ago Stark Corporation looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly US$2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.
Stark told to pay B6.9bn to bondholders
Business, Nuntawun Polkuamdee, Published on 22/06/2023
» Kasikornbank (KBank) and Asia Plus Securities (ASPS), representatives for Stark Corporation's bondholders, called for the immediate payment of bonds worth more than 6.9 billion baht after they decided to cancel tomorrow's bondholders' meeting.
SEC urged to act on Stark
Business, Wichit Chantanusornsiri, Published on 21/06/2023
» Finance Minister Arkhom Termpittayapaisith has told the Securities and Exchange Commission (SEC) to take action regarding Stark Corporation's negative shareholder equity to protect investors' interests and build confidence.
Stark facing stock exchange delisting
Business, Published on 20/06/2023
» Stark Corporation is poised to be delisted from the Stock Exchange of Thailand (SET) due to its negative shareholders' equity, while the Securities and Exchange Commission (SEC) is vowing to take legal action against those involved in preparing the company's faulty financial statements.
Class action law to be used to protect Stark investors
Business, Nuntawun Polkuamdee, Published on 07/06/2023
» The Stock Exchange of Thailand (SET) and the Association of Investment Management Companies (AIMC) are preparing to use class action law to protect investors' interests as the Department of Special Investigation (DSI) probes potential fraud among former executives of Stark Corporation.
Investors cheer end of US debt drama
Business, Published on 05/06/2023
» RECAP: Asian stocks advanced on Friday, buoyed by the passage of an agreement that averts a US debt default. Hopes that the US Federal Reserve will decide against lifting interest rates this month also lifted sentiment.
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).
Earnings surge for main Thai airlines as tourists flock back
Bloomberg News, Published on 14/05/2023
» Thai Airways International (THAI) Public Company Limited and Bangkok Airways Public Company Limited reported a surge in first-quarter earnings as tourists flocked back to Thailand.