Showing 1 - 10 of 13
GL chief disavows price manipulation
Business, Nuntawun Polkuamdee, Published on 10/06/2017
» Group Lease Plc (GL) chairman and chief executive Mitsuji Konoshita says the Japanese Financial Services Agency (FSA) has ordered him to pay a fine over alleged share price manipulation in Wedge Holdings Co Ltd, but he is in the process of seeking a court ruling to overturn the order.
Catch me if you can: Cases of stock manipulation
Business, Tilleke & Gibbins International Ltd, Published on 20/03/2015
» Last year, 23 people were alleged to have been involved in the manipulation of three separate stocks. The investigations and prosecutions in these cases are ongoing. In light of recent events, this article explains the crime of stock manipulation, discusses the seminal Supreme Court decision on the matter and identifies a potential new tool of enforcement for private citizens through the recently passed class action legislation.
GE Won't Try to Claw Back Jeff Immelt's Pay
Business, Published on 07/01/2021
» General Electric Co.'s board won't claw back compensation from former CEO Jeff Immelt and other executives over GE's accounting issues or Mr. Immelt's use of a backup corporate jet, ending a three-year probe into allegations of misconduct at the conglomerate.
SEC looks into Gulf rumours
Business, Published on 18/09/2019
» The Securities and Exchange Commission (SEC) is conducting an investigation after receiving a complaint about rumours circulating in social media that affected the share price of SET-listed Gulf Energy Development.
SEC bides time on Bangkok Airways
Business, Published on 08/02/2019
» Billionaire Prasert Prasarttong-Osoth has asked the Securities and Exchange Commission (SEC) to extend the deadline for his civil fine payment for manipulation of Bangkok Airways (BA) shares by seven days.
SEC punishes top BA shareholders
Business, Published on 19/01/2019
» The Securities and Exchange Commission (SEC) has imposed fines totalling 500 million baht against three major shareholders of SET-listed Bangkok Airways Plc (BA), including billionaire Prasert Prasarttong-Osoth, for share price manipulation.
Currencies slump, funds flee emerging markets
Business, Published on 08/09/2018
» Recap: Emerging stock markets, especially those in Asia, experienced heavy fund outflows as concerns mounted over the health of emerging economies in general, and contagion impact from the likes of Argentina and Turkey. The Indonesian rupiah hit a two-decade low and the Indian rupee also lost more ground. US-China trade tensions continue to cast a pall over markets as well.
Stocks trade in narrow range as investors comb us data
Business, Published on 07/08/2017
» Recap: Global investors remained concerned last week about US political developments and economic data that could influence a Federal Reserve interest-rate increase, amid signs that the Fed was growing more cautious. Wall Street staged a revival on Friday after the US reported strong employment numbers for July.
Creditors to meet on Energy Earth rehab plans
Business, Pathom Sangwongwanich, Published on 30/03/2018
» Creditors of financially beleaguered Energy Earth Plc (EARTH) will hold a meeting on April 30 to consider the business rehabilitation plan submitted to officials overseeing the company's receivership last month.
Insider trading: Time for reform and tougher penalties
Business, Tilleke & Gibbins International Ltd, Published on 05/02/2016
» Recent headlines in Thailand and abroad have drawn attention to a spate of high-profile cases involving insider trading and the inadequate punitive action that follows. Many have called into question the efficacy of sanctions imposed by the Thai Securities and Exchange Commission (SEC) to deter insider trading. This article will look at the law surrounding insider trading in Thailand, how it is enforced and whether the law is effective.