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Key Players at Thai ISP Likely to Face Insider Trading Charges.

Knight Ridder/Tribune Business News

| January 16, 2003 | COPYRIGHT 2003 Knight-Ridder/Tribune Business News. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

By Nuntawun Polkuamdee, Bangkok Post, Thailand Knight Ridder/Tribune Business News

Jan. 16--The management and major shareholders of Roynet Plc are likely to face criminal charges of insider trading once a final investigation by securities regulators is completed later this week, according to the Stock Exchange of Thailand.

SET president Kittiratt Na Ranong said the possibility of criminal charges being filed "was very high".

Roynet, an Internet service provider, has come under investigation by the SET and Securities and Exchange Commission for possible insider trading and accounting irregularities.

The firm restated its ...

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Source: HighBeam Research, Key Players at Thai ISP Likely to Face Insider Trading Charges.

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