Thai Billionaire Prasert Banned From Positions in Listed Firms
Photographer: Brent Lewin/Bloomberg
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Bangkok Airways Pcl Chief Executive Officer Prasert Prasarttong-Osoth has been banned from holding director and executive positions in listed companies in Thailand for manipulating the share price of the airline.
Civil sanctions have been imposed on Prasert and his daughter, Poramaporn Prasarttong-Osoth, the chief operating officer at Bangkok Dusit Medical Services Pcl, as well as Narumon Chainaknan, the executive secretary in the CEO’s office at Bangkok Airways, the Securities & Exchange Commission said in statement on its website dated Friday.