Bangkok, June 11, 2015 ? The Supreme Court of Thailand sentenced Suree or Ravi Sansirikul to a one-year imprisonment and a fine of 333,333.33 baht and Chompoonuch Pimhataivoot to a one-year and six-month imprisonment and a fine of 500,000 baht for jointly with others manipulating share price of Krisdamahanakorn Plc. (KMC). The imprisonments were not suspended. 

On April 22, 1993, the SEC filed a criminal complaint against Sureeand Chompoonuch for involving in KMC share price manipulation scheme during January 2 ? October 7, 1992. The public prosecutor later issued a prosecution order and filed a lawsuit against them with the Bangkok South Criminal Court.

The Bangkok South Criminal Court ruled against both defendants as principals on two counts in accordance with Section 42 Chor (1), (2) of the Securities Exchange of Thailand Act B.E. 2517 (1974) and Sections 243 (1),(2) and 244 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) in conjunction with Sections 83 and 91 of the Penal Code. They were sentenced to a six-month imprisonment and a fine of 200,000 baht for the violation which occurred during January 2 - August 17, 1992 and a one-year and six-month imprisonment and a fine of 500,000 baht for the violation which occurred during August 18- October 7, 1992. The execution of imprisonments were not suspended.

Later, the Appeal Court affirmed and amended the Bangkok South Criminal Court?s judgment in relation to Suree that she was an aider and abettor rather than a principal, and thus sentenced her to a four-month imprisonment and a fine of 133,333.33 baht for the violation which occurred during January 2 - August 17, 1992 and a one-year imprisonment and a fine of 333,333.33 baht for a violation which occurred during August 18 - October 7, 1992. The execution of imprisonments were not suspended.

On March 16, 2015, the Supreme Court of Thailand reversed the Appeal Court?s ruling that Suree was a principal in jointly committing the offense with Chompoonuch in one count in accordance with Sections 243 (1) (2) and 244 of the Securities and Exchange Act B.E. 2535 (1992) (SEA) in conjunction with Sections 83 and 91 of the Penal Code and therefore sentenced Suree to a one-year imprisonment and a fine of 333,333.33 baht, and Chompoonuch to a one-year and six-month imprisonment and a fine of 500,000 baht; without suspension of the execution of imprisonment.

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