Earlier, the Civil Sanction Committee (CSC) resolved to impose civil sanctions on Mr. Pakorn Mongkoltada* in the case of purchasing AQUA shares while being a person who knew or possessed inside information. The sanctions include a total payment of 19,339,187 baht (comprising civil penalty, compensation at an equal amount to the benefit received or should have been received, and reimbursement of investigative expenses incurred by the SEC). In addition, he is subject to a bar from serving as director or executive for 14 months.

In this regard, Mr. Pakorn refused to extinguish the case in accordance with the civil sanctions imposed by the CSC, which is deemed a refusal to resolve the case at the SEC level. Accordingly, the SEC has submitted a written request to the public prosecutor to file a lawsuit against Mr. Pakorn in the Civil Court, seeking the imposition of civil sanctions requiring him to pay a total amount of 26,888,036.48 baht plus interest, together with a suspension from trading securities and derivatives and a bar from serving as a director or executive, at the maximum statutory penalties.

In addition, the SEC has referred this matter to the Anti-Money Laundering Office (AMLO) for further action within its authority, as the unfair securities trading misconduct constitutes a predicate offense under the Anti-Money Laundering Act B.E. 2542 (1999).

Note:
* SEC News No. 320/2025 dated 12 December 2025 “SEC imposes civil sanctions against an offender for insider trading of AQUAshares”