Bangkok, October 28, 2014 - The SEC revealed that the Settlement Committee imposed a total fine of 1,887,659.33 baht on {A} and {B}, as principal, for using inside information to purchase {X1} Company (presently known as {X2} Company) shares for their own benefits, as well as {C} as aider and abettor in the scheme.

With the referral from the Stock Exchange of Thailand, the SEC's probe found that during April 30 - May 10, 2012, {A} and {B} had purchased 2,514,800 and 490,000 {X1} Company shares, respectively, through securities trading accounts of intimates for their own benefits. The purchases were made in such a way that taking advantage of others by using non-public information material to {X1} Company share price. The information, of which they learnt as {X1} Company directors, was about {X1} Company's plan to pay interim dividend at 0.94 baht per share, higher than the dividend paid during the past five years. In the scheme, {C} assisted {B} in making purchase orders and payment.

The said actions were in violation of Section 241 of the Securities and Exchange Act B.E. 2535 (1992). As they agreed to enter the settlement procedure, the Settlement Committee therefore imposed fines on {A} 1,054,326 baht, {B} 500,000 baht and {C} 333,333.33 baht.