12 individuals fined for insider trading and share manipulation

business March 19, 2014 00:00

By The Nation

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The Securities and Exchange Commission has collected about Bt20 million of fines from individuals involved in insider trading and share manipulation.

In its statements, the Settlement Committee imposed a fine of Bt500,000 on Sumit Chanmatee, for using inside inforamtion to purchase Rayong Purifier (RPC).
The committee also imposed a total fine of Bt11.96 million on 11 individuals for manipulting the share price of Millcon Steel (MILL).  
They are (1) Tanika Tangpoonphonvivat, (2) Therasak Tangpoonphonvivat, (3) Preechaya Teekasurat (former surname: Wongpaitoonpiya), (4) Supon Boonsong, (5) Sarawut Leelasoanchai, (6) Natthaya Chokudomnirun, (7) Nonthasorn Dantrakul, (8) Samart Chittipatanakulchai, (9) Tuangwut Phanyadilok, (10) Ruangrapee Chakitdee, and (11) Anoma Eiamraksawong.