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BUSINESS

Digital asset licences at hand

Business, Pathom Sangwongwanich, Published on 25/07/2018

» The Finance Ministry's announcement on approving digital asset licensing took effect Tuesday, and interested parties can apply for licences from the Securities and Exchange Commission (SEC).

BUSINESS

Supalai preps M.K. takeover

Business, Pathom Sangwongwanich, Published on 17/07/2018

» SET-listed developer Supalai Plc (SPALI) plans to officially file a tender offer next Tuesday to take over M.K. Real Estate Development Plc, in a deal worth 4 billion baht.

BUSINESS

SEC licenses wealth advisers

Business, Pathom Sangwongwanich, Published on 18/07/2018

» The Securities and Exchange Commission (SEC) has allowed business intermediaries operating in the capital market to become licensed wealth advisers, aiming to enhance access to investment advisory service and investment options for the public.

BUSINESS

Analysts see limited impact from trans fat prohibition

Business, Pathom Sangwongwanich, Published on 18/07/2018

» The recent regulation prohibiting the production, import and distribution of trans fat-filled food could have a minor effect on profits for SET-listed companies operating bakery and food businesses as they could switch to substitute ingredients, say analysts.

BUSINESS

SEC snags 7 illicit traders from China

Business, Pathom Sangwongwanich, Published on 12/06/2018

» The Securities and Exchange Commission (SEC) has accused seven Chinese nationals for their involvement with unauthorised securities business operation in Thailand.

BUSINESS

GGC probes shortfall in inventory

Business, Pathom Sangwongwanich, Published on 30/06/2018

» Global Green Chemicals Plc (GGC), the SET-listed biochemical arm of PTT Global Chemical Plc (PTTGC), has announced a significant reduction in raw material inventory, hinting at the possibility that a corporate unit could be in collusion with third parties or suppliers.

BUSINESS

MBK sells 30% stake of ROH

Business, Pathom Sangwongwanich, Published on 04/07/2018

» SET-listed MBK Plc (MBK) has approved the sale of a 29.86% stake in Royal Orchid Hotel Thailand Plc (ROH), owned by MBK's wholly owned subsidiary MBK Hotels and Resorts Co Ltd (MBK-HR), with a net sale value worth 1.14 billion baht.

BUSINESS

SEC reveals framework for ICO portals and tokens

Business, Pathom Sangwongwanich, Published on 05/07/2018

» The Securities and Exchange Commission (SEC) has released a regulatory framework for issuing and selling digital tokens through initial coin offerings (ICOs) along with announcing the ICO portal process, effective from July 16.

BUSINESS

LH's former chairman proposes share purchase

Business, Pathom Sangwongwanich, Published on 22/06/2018

» SET-listed property developer Land and Houses Plc (LH) has received a proposal from former chairman Anant Asavabhokhin for a voluntary partial tender offer of the company's shares, worth around 1.41 billion baht.

BUSINESS

SEC lays charges against Energy Earth

Business, Pathom Sangwongwanich, Published on 13/06/2018

» Financially beleaguered Energy Earth Plc (EARTH) has been accused by the Securities and Exchange Commission (SEC) of falsifying details related to its actual level of indebtedness in an attempt to conceal information from investors and justify entering a business rehabilitation plan.