The Thailand Securities and Exchange Commission filed a criminal complaint with the Economic Crime Suppression Division against Yim Leak for reporting the disposal of M Vision Public Company Limited shares after the prescribed deadline. The disposal reduced his holding across a five-percent threshold of the company’s total voting rights, triggering a disclosure requirement under the Securities and Exchange Act. Yim Leak was required to submit Form 246-2 within three business days of the April 25, 2022 disposal, by April 28, 2022, but filed it on Oct. 15, 2025 following the SEC’s monitoring and investigation. The SEC referred the matter for criminal proceedings after he did not consent to settlement before the Criminal Fining Committee. The case will proceed through police investigation, potential prosecution by the public prosecutor and adjudication by the court. The SEC will monitor the proceedings and cooperate with the relevant authorities.
2026-08-18Thailand Securities & Exchange Commission
Thailand Securities and Exchange Commission files criminal complaint over late disclosure of M Vision share disposal
The Thailand Securities and Exchange Commission filed a criminal complaint against Yim Leak for reporting an M Vision share disposal more than three years after the deadline. The case was referred to police after he did not consent to settlement before the Criminal Fining Committee.