The Thailand Securities and Exchange Commission has asked the public prosecutor to file a Civil Court lawsuit against four offenders for manipulating the share price or trading volume of Triton Holding Public Company Limited (TRITN). After the four refused to resolve the case under civil sanctions already imposed by the Civil Sanction Committee, the SEC moved to seek the maximum statutory civil sanctions, including payment of THB 40,923,541.40 plus interest, along with suspensions from trading securities and derivatives and bans on serving as directors or executives. The Civil Sanction Committee had earlier imposed total civil sanctions of THB 34,379,151, covering civil penalties, compensation equal to the benefit received or that should have been received, and reimbursement of the SEC's investigative expenses. It also ordered trading suspensions of 14 months, 11 months for two offenders, and 9 months, and director or executive bans of 28 months, 22 months for two offenders, and 18 months. The SEC has also referred the case to the Anti-Money Laundering Office because unfair securities trading misconduct is a predicate offense under the Anti-Money Laundering Act B.E. 2542 (1999).
Thailand Securities & Exchange Commission2026-05-18
Thailand Securities and Exchange Commission asks prosecutor to seek maximum civil sanctions against four in TRITN manipulation case worth THB 40.9 million plus interest
The Thailand Securities and Exchange Commission has asked the public prosecutor to file a Civil Court lawsuit against four offenders for manipulating the share price or trading volume of Triton Holding Public Company Limited after they refused civil sanctions imposed by the Civil Sanction Committee. The SEC seeks maximum statutory civil sanctions, including payment of THB 40,923,541.40 plus interest, trading and director/executive bans, and has referred the case to the Anti-Money Laundering Office as unfair securities trading is a predicate offense under the Anti-Money Laundering Act B.E. 2542 (1999).