The Latest Breaking News from Stark

Stark Corporation is poised to be delisted from the Stock Exchange of Thailand (SET) due to its negative shareholders' equity, while the Securities and Exchange Commission (SEC) is vowing to take legal action against those involved in preparing the company's faulty financial statements.

Stark Corporation has asked the Securities and Exchange Commission (SEC) to delay the deadline for the submission of its special audit report by another 30 days from Friday, but indicated it is prepared to file its 2022 financial statement on July 16, as required by the regulator.

The Stock Exchange of Thailand (SET) and the Association of Investment Management Companies (AIMC) are preparing to use class action law to protect investors' interests as the Department of Special Investigation (DSI) probes potential fraud among former executives of Stark Corporation.

Stock market regulators yesterday warned investors to exercise caution in trading shares of Stark Corporation, saying the listed wire and cable maker is likely to default on payment of corporate bonds worth nearly 9.2 billion baht.

Stark Corporation (STARK) has reassured the Stock Exchange of Thailand (SET) and its shareholders management is ready to take any necessary action to protect the interests of shareholders in managing risks associated with the company's potentially improper transactions.

Shares of Stark Corporation (STARK) return to trade for a period of one month starting on Thursday for cash accounts, but the suspension (SP) sign will be reposted on the stock from July 1 if the company fails to submit its complete financial statements by that date, says the Stock…

The Stock Exchange of Thailand (SET) plans to assign the "C" (caution) sign to shares of Stark Corporation today after the Securities and Exchange Commission (SEC) ordered the company to clarify its financial data within seven days.

Andrew Maganga seized the chance to work as a World Cup security guard in Qatar last year, only to be fired along with some 200 others on the last day of the tournament, jailed for protesting over wages, and deported back to his native Kenya.

Stark Corporation Plc has issued a statement to reassure its shareholders, bondholders and creditors, saying its operations are continuing as normal with a strong backlog of orders that could generate enough capital to service its financial liabilities.