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Search Result for “fines”

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BUSINESS

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.

BUSINESS

Opec output-cut deal provides lift for equities

Business, Published on 03/10/2016

» Recap: Global stock markets see-sawed last week with news developments. The relief rally that followed the previous week's Fed meeting ebbed, but Hillary Clinton's strong performance against Donald Trump in the first US presidential debate cheered investors. Also buoying sentiment was Opec's surprise agreement to cut oil output, but worries about the health of Deutsche Bank, which faces huge US fines for dodgy business practices, capped gains. The Opec decision helped the energy-heavy Thai stock market recoup some earlier losses.

BUSINESS

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.