A civil action of the SEC punishes 2 cases with actions SRICHA

The office of the Securities and Exchange Commission (SEC) discloses civil suits against two perpetrators: (1) Mr. Somboon Yingjitmongkol Based on the inside information of the company. Sri Racha Construction Public Company (SRICHA) and uses the trading account of other people and (2) Mr. Sunya Yingyongkitmongkol The case allows Mr. Perfect. Use your trading account. Called to pay a civil fine. The compensation is 972 698 Baht and the time limit for banning both people. Or frames

The SEC receives information from the Thailand Stock Exchange. And check this further. In May 2017, Mr. Somboon Yingjitmongkol The Deputy Director General Operations of SRICHA was aware of insiders' information regarding the cost of a major construction project significantly higher than expected. SRICHA suffered a material loss in the second quarter of 2017. Mr. SR completed the sale of the SRICHA shares in Mr. Sunya's securities trading account. Ying Yong A total of 225,700 shares were sold from July 19 to 24, 2017 and proceeds from the sale of the shares were cashed by Mr. Sarunya. Earnings from the sale of shares before the operating results will be made public on August 15, 2017, SRICHA, with a loss of 92.32 million Baht.

The action of Mr. Perfect Securities trading is a person who knows. Or hold internal information under Article 242, punishable under Articles 296 and 296/2 of the Securities and Trade Act BE 2535, as amended by Securities Act No. 5 and exchanges, BE 2569; Third party securities in unfair transactions with securities trading. Sanctions provided for in the second paragraph of Article 297 of the Securities Law.

For the actions of Mr. Defender. This allowed him to finish. By using his trading account for the sale of SRICHA shares, he allows the other person to use the trading account so that the person can use this account to unfairly request the trading of securities. The penalty under Section 297 paragraph one of the Securities Act.

The Civil Judgment Committee (CMC) passed a resolution stipulating that the Civil and Commercial Code (Civil Code) must be applied by the SEC to the payment of the civil fine. Return the profits of the offense. And reimbursement The audit fees for the SEC amounted to 878,874 baht and 93,824 baht, respectively, and the period of prohibition of Mr. Somboon and Mr. Sarunya was comprised of 39, directors or officers of the issuing company. Or investment companies for 1 year and 6 months, respectively.

The timing of the prohibition of the directors or executive officers of the issuing corporation or securities company will commence on the date of the signing of the compliance memorandum of understanding. If both offenders do not agree to abide by civil penalties, the SEC will require the prosecutor to pursue the case in the civil court. Request the payment of a civil fine at the highest legal rate. Determination of time limits for the directors or officers of the issuing company. Or securities company Is the maximum time required by law Return profits from the offense. And refund Due to the audit of the SEC offense.