Bangkok, May 12, 2014 - The SEC today filed a criminal complaint with the Department of Special Investigation (DSI) against {A}, an executive of {X1} Plc., {B} and {C}, former executives of {X2} Securities Plc., as well as {D}, {E} and {F}, for manipulating RICH share price.

With the referral from the Stock Exchange of Thailand on irregular trading in RICH shares by a group of persons from May 10 to July 31, 2007, the SEC probed into the case and found that {A}, {B}, {C}, {D} and {E} had colluded to trade RICH shares in concealment through 15 related persons securities trading accounts. They traded RICH shares on a continual basis and matched orders within the group to mislead the general public in RICH share trading values and volumes, causing inconsistency with normal market condition. In the scheme, {F} and three other persons who entered the settlement procedure on January 22, 2014 aided or abetted the aforesaid actions by allowing others to use their trading accounts.

Their actions were in violation of Sections 243 in conjunction with Section 244 of the Securities and Exchange Act B.E. 2535 (1992) in conjunction with Sections 83 and 86 of the Penal Code. As they declined to enter the settlement procedure or failed to pay fines as ordered by the Settlement Committee, the SEC therefore filed criminal complaint against them with the DSI for further legal proceedings.

During the legal proceedings, {A} is deemed as having untrustworthy characteristics of a publicly held company's director and executive while {B} and {C} are deemed as having prohibited characteristics of capital market personnel and untrustworthy characteristics of a publicly held company's director and executive.  Previously, {B} and {C} were named in the criminal complaint for manipulating the share prices of Metro Star Property Plc. (METRO), Thai Unique Coil Center Plc. (TUCC), and S.E.C. Auto Sales and Services Plc. (SECC).

In any case, filing a criminal complaint commences the criminal justice administration whereby the court will judge the case accordingly.

Information contained in this news release is as of the aforementioned release date. For those who wish to see current status of the matter,
please go to compliant filed with inquiry officer