Stock market watchdog fines trio nearly Bt10.5 million for misusing inside info – The Securities and Exchange Commission’s settlement committee has imposed fines totaling Bt10,488,534.01 on Thavatvong Thanasumitra for using inside information to purchase shares of Bangkok Dusit Medical Services (BGH) and on Viporn Jitsomwang and Narumon Chainaknan for aiding and abetting Thavatvong’s wrongdoing. (The Nation, 28/11/13)
Comment: So a member of the board trades divulges insider information and likely trades for himself. Hmmm. And it’s only a THB 10 mn fine? BGH time to show proper corporate governance here.
BJCHI to begin trade today. The company expects to stay above its IPO price, supported by its strong fundamentals with 9M13 profit at Bt952mn. (Khao Hoon, 28/11/13)
Comment: Another pop n drop? Continue reading Stocks in the news (bgh, bjchi, mega, nusa, sena, sutha, uac) 28.11.13