EXPLAINED: 3 - The Real Truth

The Stark reality of a company in decline

As the public awaits clarity on the formation of a new government, investor confidence is trying to rebound from the plunge caused by alleged fraud at Stark Corporation.

Bangkok Post · Jul 4, 2023

Analysts downgrade target for Thai bourse

The Investment Analysts Association (IAA) has revised down its estimate for the Stock Exchange of Thailand (SET) index this year to 1,630 points from 1,707, indicating domestic politics, interest rates and geopolitics are still factors to monitor in the third quarter.

Bangkok Post · Jul 4, 2023

TPCH eyes 40% revenue increase in 2023

SET-listed TPC Power Holding (TPCH), the renewable power generation arm of construction firm Thai Polycons Plc, expects revenue to grow by 30-40% in 2023, from 2.7 billion baht last year, thanks to increased management of power plants.

Bangkok Post · Jul 4, 2023

DIF Web Portal ushers in electronic bond offerings

The Stock Exchange of Thailand (SET) has joined forces with the Association of Thai Securities Companies and the Thai Bankers' Association to launch a digital infrastructure for fully electronic end-to-end bond offerings.

Bangkok Post · Jun 29, 2023

SC Asset Aims to Become the Go-To Condo Brand for the Younger Generation with Its Inclusive "Everybody's High-Rise" Philosophy

SC Asset Corporation Public Company Limited (SC), a leading high end luxury to economy real estate developer listed on The Stock Exchange of Thailand (SET), targets being Thailand’s ‘top-of-mind’ condominium brand among all segments, particularly young generations, by launching new condominium brands, taking “Everybody’s high-rise” as its brand philosophy as…

Bangkok Post · Jun 29, 2023

SEC warns of prison time for Stark fraudsters

Members of the management team and others involved in the fraud surrounding Stark Corporation (STARK) could face up to 10 years in prison if found guilty, the Securities and Exchange Commission (SEC) said on Monday, as it tried to restore confidence in the Thai capital market.

Bangkok Post · Jun 26, 2023

Don't drag feet on Stark

The Department of Special Investigation (DSI) agreed last Thursday to investigate SET-listed Stark Corporation Plc for fraud committed by its former executives, which resulted in the loss of billions of baht.

Bangkok Post · Jun 25, 2023

Thai stock index remains low amid foreign sell-off

The Stock Exchange of Thailand (SET) index slipped below 1,500 points in early trading hours yesterday, then traded near the 1,500-point mark for most of the day as foreigners continued to sell Thai shares amid interest rate hikes and political uncertainty.

Bangkok Post · Jun 23, 2023

Rough week for equities as central banks talk tough

RECAP: Asian stocks slumped in line with global equity markets, which have seen their worst week this year, as a string of hawkish central bank surprises made investors nervous about the economic cost of taming inflation.

Bangkok Post · Jun 23, 2023

Stark stalls on debt deal negotiations

Stark Corporation, the SET-listed and financially troubled wire and cable manufacturer, has insisted it will not pay any debts until the company reaches agreements with every bondholder and creditor about the repayment methods.

Bangkok Post · Jun 22, 2023