SEC sanction

Corporate April 19, 2019 01:00

By The Nation

The Securities and Exchange Commission or SEC has imposed civil sanction on eight offenders for using inside information to purchase shares of Polyplex (Thailand) Plc.


 As a result, the offenders were subject to pay separate civil penalties and return the benefits acquired from such wrongful act at the total amount of Bt56.69 million. 

In addition, five of the six ordinary person offenders were prohibited from holding the positions of director and executive of any securities issuing company and listed company, according to SEC statement release yesterday.