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BIZARRE: Stark corp - You Need To See This

The Department of Special Investigation (DSI) has asked Interpol to issue a red notice for Stark Corp’s former chairman Chanin Yensudchai who is accused of financial misconduct.

Bangkok Post

Tips for reading financial statements

The recent allegations of fraud at Stark Corporation has caused severe damage to investors.

Bangkok Post

SEC confiscates assets of Stark

The Securities and Exchange Commission (SEC) has moved to confiscate the assets of Stark Corporation, as well as those of the company's largest shareholder and some former executives allegedly involved in falsifying accounts, in addition to prohibiting them from travelling abroad.

Bangkok Post

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Stark faces 11,000 shareholder complaints

About 11,000 individual shareholders through their representatives have joined the Securities and Exchange Commission (SEC) in filing complaints against Stark Corp Plc and its former executives for fraud related to falsified financial statements.

Bangkok Post

Regulator files fraud charges against Stark

The Securities and Exchange Commission (SEC) has filed charges against the largest shareholder and others involved in the management of Stark Corporation Plc, the industrial cable maker at the centre of an accounting scandal and debt default.

Bangkok Post

DSI to grill 2 former Stark execs

Two former executives of financially ailing Stark Corporation are being summoned by the Department of Special Investigation (DSI) to answer charges that they falsified financial statements of the listed company.

Bangkok Post

Shares rise on hopes for stimulus in China

RECAP: Asian stocks inched higher yesterday as weak manufacturing data from China stoked expectations of fresh stimulus, even as strong US data bolstered the view that the Federal Reserve will keep interest rates higher for longer.

Bangkok Post

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Stark Corp fraud damage may reach B100bn, says DSI

The Department of Special Investigation has impounded assets worth 100 million baht from listed wire and cable manufacturer Stark Corp and suspects total damage in the alleged fraud could reach 100 billion baht.

Bangkok Post

DSI agrees to look into Stark's finances

The Department of Special Investigation (DSI) has agreed to investigate Stark Corporation over suspicions of fraud by its former executives, which came to light after the publicly listed wire and cable maker failed to submit its financial statements in time as required by law.

Bangkok Post

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