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Intel Vision seller in big Picnic trade: Buyer holds various speculative stocks.
Byline: Ploy Chitsomboon
Oct. 1--Intel Vision Securities turned out to be the seller of the controversial big lot of Picnic shares to one of its big customers, who has invested in several speculative stocks.
On Wednesday, 4.212 million shares of Picnic Corporation were traded on the big-lot board at 13.19 baht apiece, 381 percent higher than the closing price of 2.74 baht on the same day, prompting the Stock Exchange of Thailand to launch an investigation into possible irregular trading.
Suthichai Chitvanich, a SET executive vice-president, said Intel Vision sold the shares from its own investment portfolio to one of its large customers who held various speculative stocks ...
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Source: HighBeam Research, Intel Vision seller in big Picnic trade: Buyer holds various...