Showing 1 - 9 of 9
Creditors file in court for PDITL rehabilitation
Business, Nareerat Wiriyapong, Published on 26/10/2023
» Four financial creditors of Phelps Dodge International (Thailand) (PDITL), a subsidiary of the scandal-plagued, SET-listed Stark Corporation, have jointly filed for the rehabilitation of Stark's cable-making unit to the Central Bankruptcy Court, according to the company's filing to the Stock Exchange of Thailand (SET).
Stark seeks to further delay report's deadline
Business, Nareerat Wiriyapong, Published on 19/07/2023
» Scandal-hit Stark Corporation is asking for a further delay in submitting its extended-scope special audit report, saying asset seizures by concerned agencies had disrupted the business and its filing to the Bankruptcy Court for capital and debt restructuring.
Ministry seeks quicker probe of listed firms
Business, Wichit Chantanusornsiri, Published on 18/07/2023
» The Finance Ministry is proposing prompt collective action to speed up the examination of listed companies in order to contain damage to the capital market, says permanent secretary Krisada Chinavicharana.
SEC confiscates assets of Stark
Business, Nuntawun Polkuamdee & Nareerat Wiriyapong, Published on 08/07/2023
» The Securities and Exchange Commission (SEC) has moved to confiscate the assets of Stark Corporation, as well as those of the company's largest shareholder and some former executives allegedly involved in falsifying accounts, in addition to prohibiting them from travelling abroad.
SEC files charges against Stark Corp for misconduct
Business, Nareerat Wiriyapong, Published on 07/07/2023
» The Securities and Exchange Commission (SEC) has filed charges with the Department of Special Investigation (DSI), accusing Stark Corporation and nine others, including the company's largest shareholder, of financial misconduct.
The Stark reality of a company in decline
Business, Nareerat Wiriyapong, Published on 05/07/2023
» As the public awaits clarity on the formation of a new government, investor confidence is trying to rebound from the plunge caused by alleged fraud at Stark Corporation.
Arkhom urges tough action for troubled cable manufacturer
Business, Wichit Chantanusornsiri, Published on 23/06/2023
» Finance Minister Arkhom Termpittayapaisith says if any illegal activities are found in the probe of Stark Corporation shares, responsible agencies must prosecute the offenders.
Painting with a more diversified palette
Business, Piyachart Maikaew, Published on 29/02/2020
» The Tangkaravakoon family is well known in local business circles for TOA Paint Thailand, a maker and distributor of decorative paint and coating products founded by married couple Prachak and Laor Tangkaravakoon.
Tesco's cost cuts put 9,000 UK jobs at risk
Business, Bloomberg, Published on 30/01/2019
» London: Tesco Plc will cut as many as 9,000 jobs as the UK's biggest retailer steps up its response to discounters, the rise of online shopping and the threat of a powerful new rival.