Showing 1 - 10 of 155
PACE to issue 400m shares
Business, Pathom Sangwongwanich, Published on 04/01/2018
» SET-listed Pace Development Corporation (PACE) on Wednesday announced its board of directors had approved the allocation of 400 million new ordinary shares to Siam Commercial Bank (SCB) through a private placement, intending to help improve the company's financial liquidity.
BoT: Economy failed to reach growth potential
Business, Pathom Sangwongwanich, Published on 04/01/2018
» Thailand's economy gained further traction in 2017, but has not reached its growth potential, while an accommodative monetary policy stance is "necessary" to shore up domestic demand going forward, says the Bank of Thailand.
SEC files complaint against KC execs
Business, Pathom Sangwongwanich, Published on 06/01/2018
» The Securities and Exchange Commission (SEC) has filed a criminal complaint with the Department of Special Investigation against four former and current executives of KC Property Plc and three associates for jointly committing dishonest acts to misappropriate money received from the sale of KC short-term bills of exchange (B/Es) for their own interest or for other persons' interest.
KC Property terminates 2 following SEC accusations
Business, Pathom Sangwongwanich, Published on 09/01/2018
» KC Property Plc has announced that two persons implicated in fraudulent acts accused by the Securities and Exchange Commission (SEC) have been expelled from the company.
SEC: Bitcoin futures are kosher
Business, Pathom Sangwongwanich, Published on 11/01/2018
» Despite allowing Thai investors to speculate on bitcoin via an international global derivatives trading service, the Securities and Exchange Commission (SEC) has insisted bitcoin futures is a regulated futures contract even as bitcoin itself is not legal tender in Thailand.
JTA launches civil lawsuit against GL
Business, Pathom Sangwongwanich, Published on 16/01/2018
» J Trust Asia Pte Ltd (JTA) has filed lawsuits against SET-listed Group Lease Plc (GL), requesting compensation for alleged wrongful acts, avoidance of voidable transactions and false claims of damages.
PACE may postpone fair value report for regulator
Business, Pathom Sangwongwanich, Published on 16/01/2018
» Pace Development Corporation Plc (PACE) is considering postponing a clarification of the fair value measure of its investment projects, as demanded by the Securities and Exchange Commission (SEC), because the company's financial adviser remains under evaluation.
SET seeks clarity on ICOs
Business, Pathom Sangwongwanich, Published on 19/01/2018
» The Stock Exchange of Thailand is waiting for greater clarity on initial coin offering (ICO) regulations, but the SET admits that such digital crowdfunding could be considered as a security if it falls into an exchangeable criteria.
GDP growth to put slight dent in debt
Business, Pathom Sangwongwanich, Published on 23/01/2018
» Thailand's household debt is expected to decrease slightly this year as nominal GDP growth is forecast to offset the debt expansion ratio, says Kasikorn Research Center (K-Research).
Delisting risk lifted from WP Energy
Business, Pathom Sangwongwanich, Published on 24/01/2018
» The Stock Exchange of Thailand (SET) yesterday removed the possibility of delisting for WP Energy Plc (WP), as the company has complied with the bourse's regulations and improved its financial status.