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Thailand's SEC charges filed against cement company officials.
Byline: Nuntawun Polkuamdee
Aug. 6--The Securities and Exchange Commission has filed a criminal complaint against Prachai Leophairatana, Stern Stewart (Thailand) and TPI Polene Plc for the alleged disclosure of false information regarding the cement company's share price on the Stock Exchange of Thailand.
The complaint was filed with police investigators yesterday.
The SEC accused Mr Prachai, as the debt rehabilitation plan administrator for TPI Polene, and consultancy Stern Stewart of disseminating information leading to speculation that TPIPL's share price would rise while failing to make proper disclosures to the Stock Exchange of Thailand.
...
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Source: HighBeam Research, Thailand's SEC charges filed against cement company officials.