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Executives from Thailand’s richest families guilty of insider trading
The capital market fined top executives and shareholders of five companies listed on the Stock Exchange of Thailand for insider trading, its second crackdown in three months on top managers who have abused their power in publicly traded firms for their own benefit or for their cronies.
The Securities and Exchange Commission (SEC) again demonstrated to its state regulating peers that it is doing its job to enforce rules reported the Bangkok Post
The capital market fined top executives and shareholders of five companies listed on the Stock Exchange of Thailand for insider trading, its second crackdown in three months on top managers who have abused their power in publicly traded firms for their own benefit or for their cronies.
In December, the SEC moved to slap four top executives of CP All Plc, Thailand’s biggest convenience store operator, with hefty financial penalties.
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