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Search Result for “securities”

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BUSINESS

IFEC ordered to hold meeting

Business, Pathom Sangwongwanich, Published on 08/06/2018

» The Securities and Exchange Commission (SEC) has ordered embattled Inter Far East Energy Corporation Plc (IFEC) to immediately hold a shareholders' meeting to proceed with selecting new directors and resume the company's operations.

BUSINESS

GL files criminal case against JTA and 3 people

Business, Pathom Sangwongwanich, Published on 26/04/2018

» Group Lease Plc (GL) has filed a criminal case against J Trust Asia Pte Ltd (JTA) and three individuals on the grounds of jointly submitting a business rehabilitation petition under the pretence that GL's financial condition requires such a plan.

BUSINESS

SEC files DSI case against POLAR over debt doubts

Business, Pathom Sangwongwanich, Published on 18/04/2018

» The Securities and Exchange Commission (SEC) has accused Polaris Capital Plc (POLAR) executives of creating an artificial debt of 3.6 billion baht with the intention of entering the company into a business rehabilitation plan, along with falsifying documents and accounting statements.

BUSINESS

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.

BUSINESS

SEC readies new regulation

Business, Pathom Sangwongwanich, Published on 28/03/2018

» The Securities and Exchange Commission (SEC) plans to implement a revised regulation on issuing and selling debt securities on April 1 in a bid to protect investors' interests and limit systemic risks.

BUSINESS

SEC warns IFEC on board inaction

Business, Pathom Sangwongwanich, Published on 17/03/2018

» The Securities and Exchange Commission (SEC) has told the board of directors of Inter Far East Energy Corporation Plc (IFEC) to urgently hold a shareholders' meeting or risk violating the Securities and Exchange Act.

BUSINESS

IFEC ordered to fill positions

Business, Pathom Sangwongwanich, Published on 16/03/2018

» The Securities and Exchange Commission (SEC) yesterday ordered Inter Far Energy Corporation Plc (IFEC) to hold an urgent shareholders' meeting to fill vacant positions in the company's board of directors for the sake of shareholders.

BUSINESS

GL posts huge loss for 2017

Business, Pathom Sangwongwanich, Published on 03/03/2018

» Financially beleaguered Group Lease (GL) Plc yesterday reported a consolidated net loss of 1.82 billion baht last year as a result of capital allowance set up for a potential loss on asset revaluation.

BUSINESS

Suit filed against former IFEC boss

Business, Pathom Sangwongwanich, Published on 27/02/2018

» The Securities and Exchange Commission (SEC) has filed a criminal complaint against the former chairman of SET-listed Inter Far East Energy Corporation Plc (IFEC) with the Royal Thai Police's Economic Crime Suppression Division for failure to disclose information on the company's bills of exchange (B/Es) default.

BUSINESS

SEC takes Polaris bosses to civil court

Business, Pathom Sangwongwanich, Published on 21/02/2018

» The Securities and Exchange Commission (SEC) has proceeded with civil litigation against two executives of Polaris Capital Plc (POLAR) on the grounds of information concealment and the company halting business operations.