9 individuals fined by SEC for trading violation

 The SEC said in a statement that fined for manipulating the price of TWZ are Yanyong Akrachindanont, Aek Phuthakothirat, Aranya Silathong and Piyanuch Rangkasiri. They were fined for a total of Bt47.6 million.

 Subjected for the price manipulation of WIN are Suwanna Maneesawat, Pornpat Sripornpat and Thiparat Suthamsamai who are fined for a combined amount of Bt1.5 million.

 Ascon CEO Patanapong Tanumatthaya and director Thiparat Suthamsamai are also have to pay a combined amount of Bt1 million in fines for trading on inside information on Ascon. 

 The SEC said that TWZ share price moved irregularly during December 13, 2005 and May 8, 2006, due to the chain transactions between Yanyong, Aek, Aranay and two other individuals. The watchdog said it is proceeding on the case against the two individuals.

 Regarding WIN share price, the movement moved irregularily between March 10, 2006 and March 24, 2006.

 On Ascon, Patanapong and Sirichai traded the company's shares via others' accounts on inside information ahead of the company's announcement of the capital increase.