Thai SEC Directs Stark to Submit Special Audit Report by July 17

Thailand’s Securities and Exchange Commission orders embattled Stark Corporation Pcl to submit its “extended-scope special audit” report by July 17 and disclose the same through the Stock Exchange of Thailand’s website.

• The SEC granted Stark’s request to extend special audit report submission, previously due on June 16, due to excessive amount of information and bank statements verification, according to the regulator’s statement Monday
• NOTE: PricewaterhouseCoopers ABAS is conducting the special audit
• NOTE: Thai Regulator Freezes Stark Assets, Files Fraud Charges
• NOTE: Corporate Scandals Spark Crisis of Confidence in Thai Market

To contact the reporter on this story:
Pathom Sangwongwanich ...