Securities and Exchange Commission Thailand

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Recent Enforcement


Criminal Complaints Cases Settled Administrative Orders Administrative Sanctions

Criminal Complaints Filed by the Office of SEC

No.
Date of Complaint Filing
Name of Alleged Offender
Section
Relevant Law
Summarized Facts
Press Release
Results
Remarks

1

01/12/2017 K.C. Property Public Company Limited 56(1) SEC Act K.C. Property Public Company Limited, failed to prepare and submit (1) the reviewed financial statements for Q2/ 2017 (2) the reviewed financial statements for Q2/ 2017, and (3) the reviewed financial statements for Q3/2017 to the SEC Office and the Stock Exchange of Thailand within the period specified in the notification of the Capital Market Supervisory Board.   This case is in the process of inquiry by the inquiry official.  

2

01/12/2017 Mr.Kitisan Mookdee 300 in conjunction with 56(1) SEC Act Mr.Kitisan Mookdee, a managing director responsible for the operation of K.C. Property Public Company Limited (KC), shall be liable for KC?s failure to prepare and submit the reviewed financial statements for Q1-Q3/2017 within the period specified by the Capital Market Supervisory Board.   This case is in the process of inquiry by the inquiry official.  

3

30/11/2017 Mr. Yongyuth Ngamkaiwan 300 SEC Act Mr. Yongyuth Ngamkaiwan, the representative of Thai Unique Coil Center Public Company Limited (TUCC), responsible for the operation of TUCC, failed to supervise TUCC to prepare the reviewed financial statements for Q1/2017 and the reviewed financial statements for Q2/2017 to the SEC Office and the Stock Exchange of Thailand within the period specified in the notification.   This case is in the process of inquiry by the inquiry official.  

4

30/11/2017 Thai Unique Coil Center Public Company Limited 56(1) in conjunction with 199 SEC Act Thai Unique Coil Center Public Company Limited, failed to prepare and submit the reviewed financial statements for Q1/2017 and the reviewed financial statements for Q2/2017 to the SEC and the SET within specified period.   This case is in the process of inquiry by the inquiry official.  

5

21/09/2017 Mr. SUPORNCHAI SIRIWOHARN 300 in conjunction with 199 and 56(1) SEC Act Mr. Supornchai Siriwoharn, the chief executive officer of the International Engineering Public Company Limited (?IEC?), a person responsible for the operation of IEC to submit the audited financial statement in accordance with the specified rules, has failed to order or act in accordance with the duties resulted in IEC?s failure to submit the reviewed financial statement for Q1/2017 to the SEC and the SET.   This case is in the process of inquiry by the inquiry official.  

6

21/09/2017 The International Engineering Public Company Limited 199 in conjunction with 56(1) SEC Act The International Engineering Public Company Limited (?IEC?) has failed to submit the reviewed financial statement for Q1/2017 to the SEC and the SET.   This case is in the process of inquiry by the inquiry official.  

7

19/09/2017 Mr. Yannakorn Warakunrak 300 SEC Act Mr. Yannakorn Warakunrak, the chief executive officer responsible for the operation of Polaris Capital Public Company Limited (?POLAR?), has failed to supervise POLAR to submit the audited financial statements for the year 2016, the annual registration statement for the year 2016 (Form 56-1, 2016), the annual report for the year 2016 (Form 56-2, 2016) and the reviewed financial statement for Q1/2017 to the SEC and the SET within the specified period.   This case is in the process of inquiry by the inquiry official.  

8

19/09/2017 Polaris Capital Public Company Limited 56 and 199 SEC Act Polaris Capital Public Company Limited (?POLAR?) has failed to submit the audited financial statements for the year 2016, the annual registration statement for the year 2016 (Form 56-1, 2016), the annual report for the year 2016 (Form 56-2, 2016) and the reviewed financial statement for Q1/2017 to the SEC and the SET within the specified period.   This case is in the process of inquiry by the inquiry official.  

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Cases Settled by the Settlement Committee

No.
Meeting Date
Meeting No.
Order No.
Name of Offender
Section
Relevant Law
Summarized Facts
Press Release
Amount of Fines (Baht)
Remarks

1

15/11/2017 

10/2017 

95/2017 

Mr. Chan Thienkanjanawong 

246 

SEC Act 

Mr. Chan Thienkanjanawong (?Mr. Chan?) inaccurately reported to the SEC Office the acquisition of Big Camera Corporation Public Company Limited (?BIG?) on June 9, 2014. On June 10, 2017, he reported his acquisition of BIG shares of 241,164,000 shares which equaled to 27.34 percent of the total number of voting rights of BIG and reported the aggregate holding of his shares, his spouse?s and concert party?s shares in the combined amount of 547,969,500 shares which equaled to 62.11 percent of the total number of voting rights of BIG. But Mr. Chan did not report other shares held by his nominee in the amount of 73,106,100 shares which equaled to 8.29 percent of the total number of voting rights of BIG causing his aggregate holding of BIG shares to reach or pass a multiple of five percent of the total number of voting rights of the BIG. Later, on September 15, 2017, Mr. Chan filed the report of the acquisition of BIG shares held by his nominee to the SEC Office. Moreover, Mr. Chan failed to report the disposal of BIG shares on March 8, 2016, within the period specified in the notification of the Capital Market Supervisory Board which is in the amount of 49,724,400 shares which equaled to 1.41 percent of the total number of voting rights of BIG causing the total amount of shares held by him, his spouse and concert party to decrease from 2,497,678,500 shares which equaled to 70.80 percent of the total number of voting rights of BIG to 2,447,954,100 shares which equaled to 69.37 percent of the total number of voting rights of BIG. He later filed the reports to the SEC Office on September 15, 2017. 

 

146,750.00  

 

2

15/11/2017 

10/2017 

94/2017 

Miss Ornpaphat Chantarasaka 

300 

SEC Act 

Miss Ornpaphat Chantarasaka, authorized director, responsible for the operation of Marnfah Group Company Limited, shall be liable for Marnfah Group Company Limited offer for sale newly issued securities in the category of debentures without having obtained an approval form the SEC Office. 

 

500,000.00  

 

3

15/11/2017 

10/2017 

93/2017 

Marnfah Group Company Limited 

33 

SEC Act 

Marnfah Group Company Limited offer for sale newly issued securities in the category of debentures without having obtained an approval from the SEC Office. 

 

500,000.00  

 

4

15/11/2017 

10/2017 

92/2017 

Miss Kanyakorn Supakarnkacharoen 

300 

SEC Act 

Miss Kanyakorn Supakarnkacharoen, an authorized director, responsible for the operation of Lederer (Thailand) Company Limited, shall be liable for Lederer (Thailand) Company Limited offer for sale newly issued securities in the category of debentures without having obtained an approval from the SEC Office.  

 

1,530,000.00  

 

5

15/11/2017 

10/2017 

91/2017 

Lederer (Thailand) Company Limited 

33 

SEC Act 

Lederer (Thailand) Company Limited offer for sale newly issued securities in the category of debentures without having obtained an approval from the SEC Office. 

 

1,530,000.00  

 

6

15/11/2017 

10/2017 

90/2017 

Miss Sugunya Sukjaroenkraisri 

300 

SEC Act 

Miss Sugunya Sukjaroenkraisri, a Chief Executive Officer for the operation of Asia Capital Group Public Company Limited (?ACAP?), shall be liable for ACAP?s failure to prepare and submit the accurate annual registration statement for the year 2016 (Form 56-1) specified by the Capital Market Supervisory Board resulted from the instruction or the failure to give instruction which is a duty required to be performed. 

 

190,500.00  

 

7

15/11/2017 

10/2017 

90/2017 

Miss Sugunya Sukjaroenkraisri 

300 

SEC Act 

Miss Sugunya Sukjaroenkraisri, a Chief Executive Officer for the operation of Asia Capital Group Public Company Limited (?ACAP?), shall be liable for ACAP?s failure to prepare and submit the accurate annual report for the year 2016 (Form 56-2) specified by the Capital Market Supervisory Board resulted from the instruction or the failure to give instruction which is a duty required to be performed. 

 

190,500.00  

 

8

15/11/2017 

10/2017 

90/2017 

Miss Sugunya Sukjaroenkraisri 

300 

SEC Act 

Miss Sugunya Sukjaroenkraisri, a Chief Executive Officer for the operation of Asia Capital Group Public Company Limited (?ACAP?), shall be liable for ACAP?s failure to prepare and submit the accurate financial statement for the year 2016 specified by the Capital Market Supervisory Board resulted from the instruction or the failure to give instruction which is a duty required to be performed. 

 

190,500.00  

 

9

15/11/2017 

10/2017 

89/2017 

Asia Capital Group Public Company Limited 

56 and 199 

SEC Act 

Asia Capital Group Public Company Limited (?ACAP?) prepared and submitted the inaccurate annual registration statement for the year 2016 (?Form 56-1?), to the SET and the SEC Office. The Form 56-1 did not comply with the Thai Accounting Standard no.18 (revised 2015), Revenue (TAS 18) and clause 14 a(i) of IAS - IE 18. Later, the rectified Form 56-1 was filed with the SET and the SEC Office. 

 

190,500.00  

 

10

15/11/2017 

10/2017 

89/2017 

Asia Capital Group Public Company Limited 

56 and 199 

SEC Act 

Asia Capital Group Public Company Limited (?ACAP?) prepared and submitted the inaccurate annual report for the year 2016 (?Form 56-2?) to the SET and the SEC Office.The Form 56-2 did not comply with the Thai Accounting Standard no.18 (revised 2015), Revenue (TAS 18) and clause 14 a(i) of IAS ? IE 18. Later, the rectified Form 56-2 was filed with the SET and the SEC Office. 

 

190,500.00  

 

11

15/11/2017 

10/2017 

89/2017 

Asia Capital Group Public Company Limited 

56 and 199 

SEC Act 

Asia Capital Group Public Company Limited (?ACAP?) prepared and submitted the inaccurate financial statement for the year 2016 to the SET and the SEC Office. The financial statement for the year 2016 did not comply with the Thai Accounting Standard no.18 (revised 2015), Revenue (TAS 18) and clause 14 a(i) of IAS - IE 18. Later, the rectified financial statement for the year 2016 was filed with the SET and the SEC Office. 

 

190,500.00  

 

12

15/11/2017 

10/2017 

88/2017 

Mr. Pratheep Theepakornsukkasem 

300 

SEC Act 

Mr. Pratheep Theepakornsukkasem, a chief executive director responsible for the operation of Smart Concrete Public Company Limited (?SMART?), shall be liable for SMART?s failure to prepare and submit the accurate financial statements for Q1/ 2017 ended March 31, 2017 within the period specified by the Capital Market Supervisory Board. 

 

55,200.00  

 

13

15/11/2017 

10/2017 

87/2017 

Smart Concrete Public Company Limited 

56(1) in conjunction with 199 

SEC Act 

Smart Concrete Public Company Limited (?SMART?), a securities issuer, submitted the inaccurate financial statements for Q1/ 2017 ended March 31, 2017 to the Stock Exchange of Thailand (the SET) and the SEC Office on May 11, 2017 and May 15, 2017 respectively. The financial statements did not comply with the Financial Reporting Standard No. 10 (Revised 2558) Events after the Reporting Period. The rectified financial statements for Q1/ 2017 were later filed with the SET and the SEC Office on August 7, 2017 and August 10, 2017 respectively. 

 

55,200.00  

 

14

15/11/2017 

10/2017 

86/2017 

Mr. Chamnarn Pornpilailuck 

300 

SEC Act 

Mr. Chamnarn Pornpilailuck, a managing director responsible for the operation of Porn Prom Metal Public Company Limited (PPM), shall be liable for PPM?s failure to prepare and submit the reviewed financial statements for Q1/2017 to the SEC Office and the Stock Exchange of Thailand within the specified period, resulting in the company?s violation of section 56. 

 

93,000.00  

 

15

15/11/2017 

10/2017 

85/2017 

Porn Prom Metal Public Company Limited 

56(1) 

SEC Act 

Porn Prom Metal Public Company Limited, a securities issuer, failed to submit the reviewed financial statements for Q1/2017 to the SEC Office and the Stock Exchange of Thailand (SET) within the period specified in the notification of the Capital Market Supervisory Board. The financial statements were later filed with the SET on May 30, 2017 and with the SEC office on May 31,2017. 

 

93,000.00  

 

16

15/11/2017 

10/2017 

84/2017 

Mr. Amorn Meemano 

300 

SEC Act 

Mr. Amorn Meemano, the Chief Executive Officer responsible for the operation of AJ Advance Technology Public Company Limited (?AJA?), was liable for AJA?s failure to prepare and submit the reviewed financial statements for Q1/2017 ended March 31, 2017 within May 15, 2017. 

 

185,400.00  

 

17

15/11/2017 

10/2017 

83/2017 

AJ Advance Technology Public Company Limited 

56(1) in conjunction with 199 

SEC Act 

AJ Advance Technology Public Company Limited (?AJA?), a securities issuer, failed to prepare and submit the reviewed financial statements for Q1/2017 ended March 31, 2017 to the SEC Office and the Stock Exchange of Thailand (the SET) within May 15, 2017. The reviewed financial statements for Q1/2017 were later submitted to the SET on August 15,2017 and SEC Office August 16,2017. 

 

185,400.00  

 

18

15/11/2017 

10/2017 

82/2017 

Miss Asavinee Srisomburananont 

247 in conjunction with Section 86 of the Penal Code 

SEC Act 

Miss Asavinee Srisomburananont, a supervisor appointed by The Siam Commercial Bank Public Company Limited to act as the preparer of the offer document of Jasmine International Public Company Limited (?JAS?) played a part in being the supporter of Mr.Pete Bodharamik?s offence that are failing to prepare and submit (1) an announcement of a statement of the intention to make a tender offer in Form 247-3 and (2) a report on the result of the tender offer in form 247-6-Khor to the SEC Office within the period Specified in the notification. 

 

108,000.00  

 

19

15/11/2017 

10/2017 

82/2017 

Miss Asavinee Srisomburananont 

247 in conjunction with Section 86 of the Penal Code 

SEC Act 

Miss Asavinee Srisomburananont, a supervisor appointed by The Siam Commercial Bank Public Company Limited to act as the preparer of the offer document of Jasmine Telecom Systems Public Company Limited (?JTS?) played a part in being the supporter of Mr.Pete Bodharamik?s offence that are failing to prepare and submit (1) a report on the total number of shares held in Form 246-2 (2) an announcement of a statement of the intention to make a tender offer in Form 247-3 and (3) a submission of the offer document in Form 247-4 to the SEC Office within the period Specified in the notification. 

 

112,000.00  

 

20

18/10/2017 

9/2017 

81/2017 

The Siam Commercial Bank Public Company Limited 

247 in conjunction with Section 86 of the Penal Code 

SEC Act 

The Siam Commercial Bank Public Company Limited, a financial advisor appointed as the preparer of the offer document of Jasmine International Public Company Limited (?JAS?) played a part in being the supporter of Mr.Pete Bodharamik?s offence that are failing to prepare and submit (1) an announcement of a statement of the intention to make a tender offer in Form 247-3 and (2) a report on the result of the tender offer in form 247-6-Khor to the SEC Office within the period Specified in the notification. 

 

108,000.00  

 

21

18/10/2017 

9/2017 

81/2017 

The Siam Commercial Bank Public Company Limited 

247 in conjunction with Section 86 of the Penal Code 

SEC Act 

The Siam Commercial Bank Public Company Limited, a financial advisor appointed as the preparer of the offer document of Jasmine Telecom Systems Public Company Limited (?JTS?) played a part in being the supporter of Mr.Pete Bodharamik?s offence that are failing to prepare and submit (1) a report on the total number of shares held in Form 246-2 (2) an announcement of a statement of the intention to make a tender offer in Form 247-3 and (3) a submission of the offer document in Form 247-4 to the SEC Office within the period Specified in the notification. 

 

112,000.00  

 

22

18/10/2017 

9/2017 

80/2017 

Mr. Pete Bodharamik 

247 

SEC Act 

On September 19, 2016, Mr. Pete Bodharamik (?Mr. Pete?) acquired shares of Jasmine International Public Company Limited (?JAS?) in the amount of 29.42 percent of the total voting rights of JAS which caused his aggregated holdings of JAS shares to exceed 50 percent. The amount of his holdings of JAS was a significant degree of control of JTS. However, Mr. Pete failed to comply with rules specified by the Capital Market Supervisory Board by virtue of Section 247 of the Securities and Exchange Act B.E. 2535 as he failed to prepare and submit (1) a report on the total number of shares held in Form 246-2 (2) an announcement of a statement of the intention to make a tender offer in Form 247-3 and (3) a submission of the offer document in Form 247-4 to the SEC Office within the period Specified in the notification. 

 

168,000.00  

 

23

18/10/2017 

9/2017 

80/2017 

Mr. Pete Bodharamik 

247 

SEC Act 

On September 19, 2016, Mr. Pete Bodharamik (?Mr. Pete?) acquired shares of Jasmine International Public Company Limited (?JAS?) which caused his aggregated holdings of JAS shares to exceed trigger point at 50 percent of the total voting rights of JAS. However, Mr. Pete failed to comply with rules specified by the Capital Market Supervisory Board by virtue of Section 247 of the Securities and Exchange Act B.E. 2535 as he failed to prepare and submit (1) an announcement of a statement of the intention to make a tender offer in Form 247-3 and (2) a report on the result of the tender offer in form 247-6-Khor to the SEC Office within the period Specified in the notification. 

 

162,000.00  

 

24

18/10/2017 

9/2017 

79/2017 

Mr. Narin Usanawarong 

300 

SEC Act 

Mr. Narin Usanawarong, as the director responsible for the operation of SS National Logistic Company Limited (SSNL) shall be liable for SSNL?s failure to disclose the accurate tender offer report (Form 247-4) of SSNL?s holding of Sermsuk Public Company Limited (SSC) shares on October 28, 2010. The Form 247-4 did not disclose that Mr. Charoen Sirivadhanabhakdi is the controlling person of SSNL who provides funding for SSNL?s tender offer of SSC shares, Mr. Narin Usanawarong certified the completion and accuracy of the information provided in Form 247-4. 

 

1,596,000.00  

 

25

18/10/2017 

9/2017 

78/2017 

Mr. Sakchai Thanaboonchai 

300 

SEC Act 

Mr. Sakchai Thanaboonchai, at the time he was holding the position of the director responsible for the operation of SS National Logistic Company Limited (SSNL) shall be liable for SSNL?s failure to disclose the accurate tender offer report (Form 247-4) of SSNL?s holding of Sermsuk Public Company Limited (SSC) shares on October 28, 2010. The Form 247-4 did not disclose that Mr. Charoen Sirivadhanabhakdi is the controlling person of SSNL who provides funding for SSNL?s tender offer of SSC shares, Mr. Sakchai Thanaboonchai certified the completion and accuracy of the information provided in Form 247-4.  

 

1,596,000.00  

 

26

18/10/2017 

9/2017 

77/2017 

SS National Logistic Company Limited 

247 

SEC Act 

On October 28, 2010, SS National Logistic Company Limited (SSNL) filed the inaccurate tender offer report (Form 247-4) of SSNL?s holding of Sermsuk Public Company Limited (SSC) shares. The Form 247-4 did not disclose that Mr. Charoen Sirivadhanabhakdi is the controlling person of SSNL who provides funding for SSNL?s tender offer of SSC shares. 

 

1,596,000.00  

 

27

18/10/2017 

9/2017 

76/2017 

Esteemed Networks Group Ltd. 

246 

SEC Act 

Esteemed Networks Group Ltd. failed to report the acquisition of NOBLE shares to the SEC Office within the period specified in the notification of the Capital Market Supervisory Board after he acquired NOBLE shares between January 31, 2013 and May 3, 2013 

 

47,000.00  

 

28

18/10/2017 

9/2017 

75/2017 

Mr. Kris Narongdej 

246 

SEC Act 

Mr. Kris Narongdej failed to report the acquisition or disposal of NOBLE shares to the SEC Office within the period specified in the notification of the Capital Market Supervisory Board after he acquired or disposed NOBLE shares between January 11, 2013 and September 4, 2014 so that the acquisition or disposal of such shares caused his aggregate holding of NOBLE shares held by himself, by juristic persons under section 258 and by Narongdej?s family to reach or pass a multiple of five percent of the total number of voting rights of the business. 

 

1,658,000.00  

 

29

18/10/2017 

9/2017 

75/2017 

Mr. Kris Narongdej 

247 

SEC Act 

Mr. Kris Narongdej failed to comply with rules specified by Securities and Exchange Commission on January 21, 2014, Mr. Kris Narongdej acquired shares of NOBLE shares held by himself and by juristic persons under section 258 resulting in his aggregate number of shares held by other persons exceeded trigger point at 25 percent of the total voting rights of NOBLE. Later, Mr. Kris Narongdej reduced his shareholding below such trigger point, he then was exempted from the requirement to make a tender offer.  

 

812,500.00  

 

30

18/10/2017 

9/2017 

74/2017 

Miss Worawan Charoensontipab 

283 paragraph 1 

SEC Act 

Miss Worawan Charoensontipab, at the time she was holding the position of the fund manager of CIMB-Principal Asset Management Company Limited (CIMB), responsible for the operation of CIMB, failed to perform her duty of care as the fund manager resulting in CIMB?s violation of section 117. Between July 6, 2016 and February 28, 2017, CIMB failed to comply with the rules, conditions, and procedures specified in the notifications of the Capital Market Advisory Board by not putting in place an appropriate investment management system which has clear procedures and methods of operation before and after investment in order to enable the investment to be made prudently, carefully and appropriately for the purpose of the best interest of the customers.  

 

200,000.00  

 

31

18/10/2017 

9/2017 

73/2017 

Miss Chanaikan Swadirurk 

283 paragraph 1 

SEC Act 

Miss Chanaikan Swadirurk, the Head of Fixed income and the fund manager of CIMB-Principal Asset Management Company Limited (CIMB), responsible for the operation of CIMB, failed to perform her duty of care as the Head of Fixed income and the fund manager resulting in CIMB?s violation of section 117. Between July 6, 2016 and February 28, 2017, CIMB failed to comply with the rules, conditions, and procedures specified in the notifications of the Capital Market Advisory Board by not putting in place an appropriate investment management system which has clear procedures and methods of operation before and after investment in order to enable the investment to be made prudently, carefully and appropriately for the purpose of the best interest of the customers.  

 

200,000.00  

 

32

18/10/2017 

9/2017 

72/2017 

Mr. Win Phromphaet 

283 paragraph 1 

SEC Act 

Mr. Win Phromphaet, the Chief Investment Officer and the fund manager of CIMB-Principal Asset Management Company Limited (CIMB), responsible for the operation of CIMB, failed to perform his duty of care as the Chief Investment officer and the fund manager resulting in CIMB?s violation of section 117. Between July 6, 2016 and February 28, 2017, CIMB failed to comply with the rules, conditions, and procedures specified in the notifications of the Capital Market Advisory Board by not putting in place an appropriate investment management system which has clear procedures and methods of operation before and after investment in order to enable the investment to be made prudently, carefully and appropriately for the purpose of the best interest of the customers. 

 

200,000.00  

 

33

20/09/2017 

8/2017 

71/2017 

Mr. Apivut Thongkam 

300 in conjunction with 56(2) 

SEC Act 

Mr. Apivut Thongkam, chief executive officer, responsible for the operation of AQ ESTATE Public Company Limited (?AQ?), shall be liable for AQ?s failure to prepare and submit the financial statements for the year 2016 within the specified period.  

 

61,500.00  

 

34

20/09/2017 

8/2017 

71/2017 

Mr. Apivut Thongkam 

300 in conjunction with 56(3) 

SEC Act 

Mr. Apivut Thongkam, chief executive officer, responsible for the operation of AQ ESTATE Public Company Limited (?AQ?), shall be liable for AQ?s failure to prepare and submit the annual report for the year 2016 (Form 56-2) within the specified period.  

 

51,900.00  

 

35

20/09/2017 

8/2017 

71/2017 

Mr. Apivut Thongkam 

300 in conjunction with 56(4) 

SEC Act 

Mr. Apivut Thongkam, chief executive officer, responsible for the operation of AQ ESTATE Public Company Limited (?AQ?), shall be liable for AQ?s failure to prepare and submit the annual registration statement for the year 2016 (Form 56-1) within the specified period.  

 

72,900.00  

 

36

20/09/2017 

8/2017 

70/2017 

AQ ESTATE PUBLIC COMPANY LIMITED 

56(2) in conjunction with 199 

SEC Act 

AQ ESTATE PUBLIC COMPANY LIMITED (?AQ?), a securities issuer, failed to prepare and submit the audited financial statements for the year 2016 to the Stock Exchange of Thailand and the SEC Office within the period specified in the notification. However, the financial statements for the year 2016 were later filed with the SET and the SEC Office on June 13, 2017 and June 14, 2017, respectively. 

 

92,250.00  

 

37

20/09/2017 

8/2017 

70/2017 

AQ ESTATE PUBLIC COMPANY LIMITED 

56(3) and 199 

SEC Act 

AQ ESTATE PUBLIC COMPANY LIMITED (?AQ?), a securities issuer, failed to prepare and submit the annual report for the year 2016 (Form 56-2) to the Stock Exchange of Thailand and the SEC Office within the period specified in the notification. However, the Form 56-2 for the year 2016 were later filed with the SEC and the SET Office on July 14, 2017 and July 20, 2017, respectively. 

 

51,900.00  

 

38

20/09/2017 

8/2017 

70/2017 

AQ ESTATE PUBLIC COMPANY LIMITED 

56(4) and 199 

SEC Act 

AQ ESTATE PUBLIC COMPANY LIMITED (?AQ?), a securities issuer, failed to submit the annual registration statement for the year 2016 (Form 56-1) to the Stock Exchange of Thailand and the SEC Office within the period specified in the notification. However, the Form 56-1 for the year 2016 were later filed with the SEC and the SET Office on August 21, 2017 and August 23, 2017, respectively. 

 

72,900.00  

 

39

20/09/2017 

8/2017 

69/2017 

Mr.Kitisan Mookdee 

300 

SEC Act 

Mr.Kitisan Mookdee, a managing director responsible for the operation of K.C. Property Public Company Limited (KC), shall be liable for KC?s failure to prepare and submit the reviewed financial statements for Q1/2017 within the period specified by the Capital Market Supervisory Board.  

 

228,600.00  

The amount of fines does not include daily fines starting from the day following settlement date to the day the company properly complies with law and regulation within the period set forth by Settlement Committee.  

40

20/09/2017 

8/2017 

68/2017 

K.C. Property Public Company Limited 

56(1) in conjunction with 199 

SEC Act 

K.C. Property Public Company Limited, a securities issuer, failed to prepare and submit the reviewed financial statements for Q1/2017 to the SEC Office and the Stock Exchange of Thailand within the period specified in the notification of the Capital Market Supervisory Board. 

 

228,600.00  

The amount of fines does not include daily fines starting from the day following settlement date to the day the company properly complies with law and regulation within the period set forth by Settlement Committee.  

41

20/09/2017 

8/2017 

67/2017 

Miss Malinee Leopairat 

300 

SEC Act 

Miss Malinee Leopairat, the Executive committee chairman responsible for the operation of The Bangkok Union Insurance Public Co., Ltd (?BUI?),was liable for BUI?s failure to prepare and submit the reviewed financial statements for Q1/2017 ended March 31, 2017 within May 15, 2017. 

 

184,620.00  

 

42

20/09/2017 

8/2017 

66/2017 

The Bangkok Union Insurance Public Company Limited 

199 in conjunction with 56(1) 

SEC Act 

The Bangkok Union Insurance Public Company Limited (?BUI?), a listed company, failed to prepare and submit the reviewed financial statements for Q1/2017 ended March 31, 2017 to the SEC Office and the Stock Exchange of Thailand (the SET) within May 15, 2017. The reviewed financial statements for Q1/2017 were later submitted to the SET on June 12,2017 and SEC Office June 13,2017. 

 

184,620.00  

 

43

20/09/2017 

8/2017 

65/2017 

Mr. Palits Phanpanit 

300 

SEC Act 

Mr. Palits Phanpanit, managing director, responsible for the operation of Yarnapund Public Company Limited (?YNP?), shall be liable for YNP?s failure to prepare and submit the annual registration statement for the year 2016 (Form 56-1, 2016) within the specified period. 

 

69,000.00  

 

44

20/09/2017 

8/2017 

65/2017 

Mr. Palits Phanpanit 

300 

SEC Act 

Mr. Palits Phanpanit, managing director, responsible for the operation of Yarnapund Public Company Limited (?YNP?), shall be liable for YNP?s failure to prepare and submit the annual report for the year 2016 (Form 56-2, 2016) within the specified period. 

 

59,400.00  

 

45

20/09/2017 

8/2017 

65/2017 

Mr. Palits Phanpanit 

300 

SEC Act 

Mr. Palits Phanpanit, managing director, responsible for the operation of Yarnapund Public Company Limited (?YNP?), shall be liable for YNP?s failure to prepare and submit the audited financial statements for the year 2016 within the specified period. 

 

64,800.00  

 

46

20/09/2017 

8/2017 

64/2017 

Yarnapund Public Company Limited 

56 and 199 

SEC Act 

Yarnapund Public Company Limited (?YNP?), a securities issuer, failed to submit the annual registration statement for the year 2016 (Form 56-1, 2016) to the Stock Exchange of Thailand and the SEC Office within the period specified in the notification. However, the annual registration statement for the year 2016 (Form 56-1, 2016) was later filed with the SET and the SEC Office on August 8, 2017 and August 9, 2017, respectively. 

 

69,000.00  

 

47

20/09/2017 

8/2017 

64/2017 

Yarnapund Public Company Limited 

56 and 199 

SEC Act 

Yarnapund Public Company Limited (?YNP?), a securities issuer, failed to submit the annual report for the year 2016 (Form 56-2, 2016) to the Stock Exchange of Thailand and the SEC Office within the period specified in the notification. However, the annual report for the year 2016 (Form 56-2, 2016) was later filed with the SET and the SEC Office on August 8, 2017 and August 9, 2017, respectively. 

 

59,400.00  

 

48

20/09/2017 

8/2017 

64/2017 

Yarnapund Public Company Limited 

56 and 199 

SEC Act 

Yarnapund Public Company Limited (?YNP?), a securities issuer, failed to submit the audited financial statements for the year 2016 to the Stock Exchange of Thailand and the SEC Office within the period specified in the notification. However, the audited financial statements for the year 2016 were later filed with the SET and the SEC Office on July 25, 2017 and August 9, 2017, respectively. 

 

64,800.00  

 

49

20/09/2017 

8/2017 

63/2017 

Miss Sopacha Dhumrongpiyawut, 

300 

SEC Act 

Miss Sopacha Dhumrongpiyawut, President responsible for the operation of Gunkul Engineering Public Company Limited (Gunkul), was liable for Gunkul?s failure to prepare and submit the annual registration statement for the year 2016 (Form 56-1, 2016) to the SEC Office and the Stock Exchange of Thailand within the period specified in the notification. 

 

46,800.00  

 

50

20/09/2017 

8/2017 

62/2017 

Gunkul Engineering Public Company Limited 

56(4) and 199 

SEC Act 

Gunkul Engineering Public Company Limited (Gunkul), failed to prepare and submit the annual registration statement for the year 2016 (Form 56-1, 2016) to the SEC Office and the Stock Exchange of Thailand within the period specified in the notification. The audited financial statements for the year 2016 were later submitted to the SEC Office on April 4, 2017 and the SET on April 3, 2017. 

 

46,800.00  

 

51

20/09/2017 

8/2017 

61/2017 

Mr. Tarakorn Angpubate 

300 

SEC Act 

Mr. Tarakorn Angpubate, President responsible for the operation of Food Capital Public Company Limited (FC), was liable for FC?s failure to prepare and submit the audited financial statements for the year 2016 ended December 31, 2016 within the period specified in the notification. 

 

30,300.00  

 

52

20/09/2017 

8/2017 

60/2017 

Food Capitals Public Company Limited 

56 and 199 

SEC Act 

Food Capitals Public Company Limited (FC), failed to prepare and submit the audited financial statements for the year 2016 ended December 31, 2016 to the SEC Office and the Stock Exchange of Thailand within the period specified in the notification. The audited financial statements for the year 2016 were later submitted to the SEC Office on March 2, 2017 and the SET on March 1, 2017. 

 

30,300.00  

 

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Administrative Orders
Under the Securities And Exchange Act B.E.2535 (1992) and the Derivatives Act B.E.2546 (2003)

No.
Name of the Person Subject to the Administrative Order
Type of Personnel
Press Release
Summarized Facts
Administrative Orders
Effective Date

1

Mr. SITTIGUN PINMATHA formerly (Mr SITTIGUN PINMATHA)

Investment Consultant Derivatives

SEC News 108/2017

1. solicited a clients to invest inderivatives products by guaranteeing returns. 2. concealed facts from the client regarding the trading transactions and the accounting status of the client after incurrence of investment loss.

Suspension

From 31/10/2017 to 30/10/2018

2

Mr. PHISIST PHONGPHEUK formerly (Mr PHISIST PHONGPHEUK)

Investment Consultant on Securities

SEC News 99/2017

Performing duties dishonestly on account of deceiving several clients, falsifying ducuments, spending clients' money for his own interest, and using clients' trading accounts to trade securities for himself.

Revocation

From 21/10/2017 to 21/10/2027

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Administrative Sanctions
Under the Derivatives Act B.E.2546 (2003) and the Trust for Transactions in Capital Market Act B.E.2550 (2007)

There is no enforcement during the last three months.

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Note : 
      - Filing a criminal complaint begins criminal proceedings. The criminal case will be subject to the inquiry official, the public prosecutor, or/ and the court's discretion.
      คลิกที่นี่เพื่อเรียกดูขั้นตอนการกล่าวโทษต่อพนักงานสอบสวน
      - Administrative sanctions disclosed on the website may not be final because the person subject to the administrative sanction may file an appeal against the administrative sanction with the Securities and Exchange Commission or file a case with the Administrative Court.
      Click here to view a flowchart of the Appeal Filing Procedure and a brief explanation.


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