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SEC fines CP All chairman, vice chairs for Siam Makro insider trades

( December 3, 2015, 04:59 GMT | Insight) -- Thailand's Securities and Exchange Commission has fined CP All chairman Korsak Chairasmisak, three vice-chairs, and the CP board’s legal adviser a combined 33.33 million baht ($929,425) for insider trading related to CP All’s 189 billion ba...Thailand's Securities and Exchange Commission has fined CP All chairman Korsak Chairasmisak, three vice-chairs, and the CP board’s legal adviser a combined 33.33 million baht ($929,425) for insider trading related to CP All’s 189 billion baht acquisition of Siam Makro, the Bangkok Post reports. The shares were purchased in April 2013 while CP All was still in negotiations and the deal had not been announced publicly. All parties charged, including two abettors who funneled the money through their accounts, agreed to enter a settlement process.   ...

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