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BUSINESS

SEC warns investors about Energy Earth's coal mines

Business, Pathom Sangwongwanich, Published on 28/06/2019

» The Securities and Exchange Commission (SEC) has cautioned investors to take into account the valuation of two Indonesian coal mines reportedly owned by embattled Energy Earth before resuming investment in the company's shares.

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BUSINESS

Wage hike could repel Chinese firms

Business, Pathom Sangwongwanich, Published on 04/07/2019

» A hike in the daily minimum wage could discourage Chinese manufacturers in labour-intensive industries from relocating their production base to Thailand, says a Chinese banking executive.

BUSINESS

G Steel considers Mahachai backing

Business, Pathom Sangwongwanich, Published on 29/05/2019

» The Securities and Exchange Commission (SEC) requested yesterday shareholders of SET-listed G Steel Plc (GSTEL) exercise their voting rights today to consider approving the company's financial assistance from Mahachai Group.

BUSINESS

Ethics of auditors in the crosshairs of regulator

Business, Pathom Sangwongwanich, Published on 30/05/2019

» The Securities and Exchange Commission (SEC) plans to talk with the Commerce Ministry and the Federation of Accounting Professions (FAP) soon about improving the quality and ethics of auditors.

BUSINESS

KTB splashes B19bn to fund tech overhaul

Business, Pathom Sangwongwanich, Published on 31/05/2019

» Krungthai Bank (KTB) vows to invest further in its digital banking platform to prevent future hiccups associated with the bank's mobile banking services.

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BUSINESS

CEOs bemoan election effects

Business, Pathom Sangwongwanich, Published on 26/04/2019

» More than a third of chief executives at 117 SET-listed companies expect domestic political uncertainty arising from Thailand's general election to take a toll on domestic demand, the capital market and economic growth prospects.

BUSINESS

GL fate still unclear ahead of court date

Business, Pathom Sangwongwanich, Published on 27/02/2019

» The Court of Appeal for Specialised Cases has not decided on an insolvency case filed against SET-listed Group Lease Plc (GL), with the next court hearing scheduled for April 26.

BUSINESS

SEC advises AJD sanction

Business, Pathom Sangwongwanich, Published on 22/03/2019

» The Securities and Exchange Commission (SEC) has requested the Civil Court impose the highest civil sanction of a combined 2.3 billion baht against 40 individuals involved with insider trading of SET-listed Crown Tech Advance Plc (AJD).

BUSINESS

SEC bars 3 cryptocurrencies from ICOs, trading pairs

Business, Pathom Sangwongwanich, Published on 01/03/2019

» The Securities and Exchange Commission (SEC) has removed three cryptocurrencies from a list of those allowed for initial coin offering (ICO) investment and as a trading pair for the digital asset trade.

BUSINESS

Energy Earth yet to submit coal mine review to regulator

Business, Pathom Sangwongwanich, Published on 01/02/2019

» The Securities and Exchange Commission (SEC) has denied an extension for SET-listed Energy Earth Plc to submit a fair value review of two coal mine concessions in Indonesia, as the submission deadline was Dec 31.