Bangkok: The SEC (Securities and Exchange Commission) has confirmed that Supaporn falsely reported her share purchases in all six securities.
According to Thai News Agency, Ms. Pornanong Busaratrakul, Secretary-General of the Securities and Exchange Commission (SEC), along with other executives, held a press conference to clarify the results of the investigation into the reporting of acquisition or disposal of securities (Form 246-2) by Ms. Supaporn Pimphong. They stated that seven acquisitions of six securities were reported, with data gradually entered into the system on June 30th and July 2nd. These acquisitions occurred at different times since 2021.
When the SEC discovered the irregularities, it initially listed the information as "preliminary information" on July 3rd. Later, on July 7th, the SEC changed the status to "under verification" due to inconsistencies. After verifying the inaccuracies and receiving confirmation from the relevant listed companies, the SEC removed the information from the disclosure system on July 8th.
The audit revealed three significant issues: the reporting individual was not listed as a shareholder on the book closure date for the reported period; the type of securities reported as acquired did not actually occur during the specified period; and the reported number of securities held or acquired did not match the actual transactions. For example, the reported exercise of warrants resulted in an exercise amount that matched the exercise of convertible bonds by another individual.
The SEC also stated that reporting systems 246-2 and 59 require users to register, verify their identity, and certify the accuracy of their information before it is published to the public, in order to increase the credibility of the information in the system.
Meanwhile, Form 59 reports from the same individual were also found, even though they did not hold the status of a director, executive, or person legally required to report. Therefore, their information was removed from the system as well.
The Securities and Exchange Commission (SEC) confirmed that, following news reports on Friday, it had not remained inactive and had coordinated with listed companies to investigate the facts, leading to the removal of inaccurate information from the official website. Currently, the individuals involved have been summoned to clarify the facts. Initially, the matter falls under Section 302/1 of the Securities and Exchange Act B.E. 2535, which carries a penalty of imprisonment for up to one year or a fine of up to 100,000 baht, or both. If other laws are found to be in violation, the SEC will coordinate with relevant agencies for further action.