The SEC revealed the case of STARK taking action according to its legal authority.

The Securities and Exchange Commission of Thailand (SEC) disclosed that its actions regarding Stark Corporation Public Company Limited ( STARK) are in accordance with its legal authority. Currently, the SEC is investigating violations of the Securities and Exchange Act B.E. 2535 (1992) and has coordinated with the Department of Special Investigation (DSI), the Economic Crime Suppression Division (ECSD), and the Anti -Money Laundering Office (AMLO).

Following STARK's failure to prepare and submit its 2565 annual financial statements within the legally prescribed timeframe, the SEC, exercising its authority under Section 58 of the Securities and Exchange Act, ordered STARK to clarify its plan for preparing and submitting the 2565 annual financial statements, its approach and plan for repaying all of its debentures, and the potential impacts, in order to provide investors with the necessary information for investment decision-making.

During the same period, the SEC ordered STARK to immediately expand the scope of the special audit to cover several important issues and to expedite the clarification of facts and progress on various actions, including actions to rectify or prevent potential damage to STARK , as well as to disclose information to investors to enable them to make informed investment decisions.

When STARK held a public presentation on May 30, 2566, to provide investors and stakeholders with information on the progress of the special investigation, the SEC publicly requested investors to attend and listen, and asked STARK to provide information and answer investor questions so that investors would have the necessary information to make informed decisions.

After the information appeared to the public that STARK The SEC has filed a legal complaint against those involved.speedgive STARK Clarify and bring informationsuchto the SEC ด้วย ซึ่ง STARK Information has been delivered By informing that it is a copy of the supporting document.Complaint DSI along with disclosing information to investors through the stock exchange's information systemof Thailand  

In this case The SEC is in the process ofCarry out inProcess for investigating wrongdoingfollow Securities Act With coordinationto DSI Office of the Provincial Education Office AMLO too In the past, work on law enforcement has normally been coordinated. which in this class The details of the operation cannot yet be revealed.

Furthermore, in the event that the STARK bondholders' meeting resolves to call for immediate payment of the company's bonds ( call default) for two series, the SEC has established a central bond information resource on its website, www.sec.or.th, to compile necessary information for investors. The SEC has also instructed representatives of all STARK bondholder series to strictly adhere to the law and bondholder terms and conditions, and to prioritize the best interests of the bondholders.