Thailand – SEC Noble Insider Trading

On 14 May 2020,  Thai SEC fined two individuals for insider trading.

  • Thai SEC fined two individuals for the use of inside information about Noble company.
  • The offenders must pay a civil fine, return benefits gained and compensate Thai SEC.
  • Mr. Kittithanakit Amnuay disclosed internal information about the company and is fined Thb 635,000, Mr. Kongpat Chiramaneekul bought shares with inside information.
  • He is fined Thb 15.3mn and both are prohibited from being directors or executives.