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Bangkok Post
Bangkok Post
Business

Bourse provides clarity on suspicious trades of MORE shares

Representatives of 11 affected securities firms petition Economic Crime Suppression Division police on Wednesday to investigate irregular trading of More Return Plc (MORE) shares and take action against those involved. (Photo supplied/ Wassayos Ngamkham)

Several brokers on Wednesday filed complaints with the Economic Crime Suppression Division related to the investor who bought More Return Plc (MORE) shares late last week, but defaulted on the payment, causing damage estimated at more than 4 billion baht.

The Stock Exchange of Thailand (SET) froze the accounts of investors who bought MORE shares on Nov 10, which were scheduled for payment on Nov 14, because of the suspicious trades.

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