Thai bourse clarifies misleading media report

ข่าวทั่วไป Thursday December 6, 2007 17:28 —PRESS RELEASE LOCAL

Bangkok--6 Dec--SET The Stock Exchange of Thailand (SET) has corrected a report published in the Matichon newspaper on December 5, 2007, and elsewhere. In the Matichon report, Mr. Prachai Leophairatana was quoted as saying: “When the investigation was over, the judge resolved that his explanation was unreasonable. This is due to the arguments provided by only a few persons who had actually bought 20 shares and were a team set up by Mr. Pakorn Malakul, a former SEC secretary-general...” The Stock Exchange of Thailand (SET) states uncategorically that Mr. Prachai’s statement is untrue. Mr. Pakorn’s term at the Securities and Exchange Commission (SEC) ended on December 25, 1999. After that date, Mr. Pakorn was not involved with SEC’s management and could not have been part of the Commission charging Mr. Prachai and others with violating Articles 77 and 239 of the SEC Act. That matter occurred during 2003 and 2004 and was brought to court by the SEC in August 2004. Mr. Pakorn was unaware of any accusation and was not involved in providing witnesses for the plaintiff, as stated by Mr. Prachai, SET Chairman Mr. Pakorn Malakul Na Ayudhya said. SET wishes to ensure that all interested parties have the correct version of events.

แท็ก thailand   matichon   Bangkok   nation   ATIC   tat  

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