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Byline: ARANEE JAIIMSIN
Sep. 1--The Stock Exchange of Thailand has launched an investigation into possible stock manipulation, after 10 brokers handed over information to regulators on market trading patterns in shares of Solartron Plc in recent weeks.
Suthichai Chitvanich, a SET executive vice-president, said shares of the solar technology manufacturer have fallen over 16 percent during the past month, compared with a 2.54 percent increase in the SET index. Solartron shares yesterday closed at 11.8 baht, down 20 satang, in trade worth 25.8 million baht.
Wandee Khunchornyakong, the Solartron chief executive, said the SET had not contacted the ...