Stark Corporation
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Stark Corporation
Stark Corporation Public Company Limited is a Thai holding company in the electric cable manufacturing industry. It was formed in 2019 through a backdoor listing, and was listed on the SET100 index, but lost most of its value in 2023 after it was found to have falsified financial statements. History Stark was set up as a holding company for Phelps Dodge International (Thailand) (PDIT), the former Thai unit of Phelps Dodge and Thailand's largest cable manufacturer. PDIT had been founded as Phelps Dodge Thailand in 1968. In 2015, Vonnarat Tangkaravakoon, whose family is best known as the owners of TOA Paint, acquired a majority stake in PDIT as its previous owners exited the Thai market. Team A Holding 2 Co., Ltd. (TAH2) was set up as a private holding company for the business, and Chanin Yensudchai became its CEO. In 2019, Vonnarat acquired a majority stake in comic book publisher Siam Inter Multimedia, Siam Inter Multimedia PCL, which was merged with TAH2 in a backdoor listi ...
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Public Company
A public company is a company whose ownership is organized via shares of share capital, stock which are intended to be freely traded on a stock exchange or in over-the-counter (finance), over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listing (finance), listed company), which facilitates the trade of shares, or not (unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states and so have associations and formal designations, which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation, though a corporation need not be a public company. In the United Kin ...
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Leoni AG
Leoni AG, based in Nuremberg, Germany, is a cable and harnessing manufacturing firm with branches throughout the world. It is listed on the Frankfurt Stock Exchange and is a member of the mid-cap MDAX index, and is claimed as global leader of cable systems. Products Leoni made all cables and powercords for Dell and Gateway 2000 during the dot-com boom of the 1990s in their plant in Birr, Offaly, Ireland, which was then moved to Slovakia. In Stryi and Kolomyia, both in Ukraine, the company produces wiring systems for the automotive industry. In 2022, as a result of the Russian invasion of Ukraine, production at these sites was halted, causing widespread production stops at European automobile factories. Subsidiaries Leoni Wiring Systems Southeast Leoni AG owns Leoni Wiring Systems Southeast, established on 3 April 2009, with headquarters in Prokuplje, Serbia. It built its facility in Prokuplje on the foundations of bankrupted company "FIAZ Prokuplje" (asbestos manufacturin ...
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Accounting Scandals
Accounting scandals are business scandals that arise from intentional manipulation of financial statements with the disclosure of financial misdeeds by trusted executives of corporations or governments. Such misdeeds typically involve complex methods for misusing or misdirecting funds, overstating revenues, understating expenses, overstating the value of corporate assets, or underreporting the existence of liabilities; these can be detected either manually, or by means of deep learning. It involves an employee, account, or corporation itself and is misleading to investors and shareholders. This type of "creative accounting" can amount to fraud, and investigations are typically launched by government oversight agencies, such as the Securities and Exchange Commission (SEC) in the United States. Employees who commit accounting fraud at the request of their employers are subject to personal criminal prosecution. Two types of fraud Misappropriation of assets Misappropriat ...
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Companies Listed On The Stock Exchange Of Thailand
A company, abbreviated as co., is a legal entity representing an association of legal people, whether natural, juridical or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Over time, companies have evolved to have the following features: "separate legal personality, limited liability, transferable shares, investor ownership, and a managerial hierarchy". The company, as an entity, was created by the state which granted the privilege of incorporation. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is to generate sales, revenue, and profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duties according to the publicly declared incorporation pu ...
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Wire And Cable Manufacturers
Overhead power cabling. The conductor consists of seven strands of steel (centre, high tensile strength), surrounded by four outer layers of aluminium (high conductivity). Sample diameter 40 mm A wire is a flexible, round bar of metal. Wires are commonly formed by drawing the metal through a hole in a die or draw plate. Wire gauges come in various standard sizes, as expressed in terms of a gauge number or cross-sectional area. Wires are used to bear mechanical loads, often in the form of wire rope. In electricity and telecommunications signals, ''wire'' can refer to electrical cable, which can contain a solid core of a single wire or separate strands in stranded or braided forms. Usually cylindrical in geometry, wire can also be made in square, hexagonal, flattened rectangular, or other cross-sections, either for decorative purposes, or for technical purposes such as high-efficiency voice coils in loudspeakers. Edge-wound coil springs, such as the Slinky toy, are made of ...
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Manufacturing Companies Of Thailand
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final produ ...
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Holding Companies Of Thailand
Holding may refer to: Film and television * ''The Holding'' (film), 2011 British film * "Holding", an episode of the American animated television series ''Beavis and Butt-Head'' * ''Holding'' (TV series), a 2022 TV series based on the book by Graham Norton * '' The Miroslav Holding Co.'', 2001 Croatian film, also released as ''Holding'' Other uses * Holding an object with the hands, or grasping * ''Holding'', a novel by Graham Norton * Holding (aeronautics), a manoeuvre in aviation * Holding (American football), a common penalty in American football * Holding (law), the central determination in a judicial opinion * Holding (surname) * Holding company, a company that owns stock in other companies See also * * * Smallholding * Hold (other) * The Holding (other) * "Holdin'," a song by Diamond Rio * Hoarding * Possession (law) In law, possession is the exercise of dominion by a person over property to the exclusion of others. To possess something, a ...
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Securities And Exchange Commission (Thailand)
The United States Securities and Exchange Commission (SEC) is an independent agency of the United States federal government, created in the aftermath of the Wall Street crash of 1929. Its primary purpose is to enforce laws against market manipulation. Created by Section 4 of the Securities Exchange Act of 1934 (now codified as and commonly referred to as the Exchange Act or the 1934 Act), the SEC enforces the Securities Act of 1933, the Trust Indenture Act of 1939, the Investment Company Act of 1940, the Investment Advisers Act of 1940, and the Sarbanes–Oxley Act of 2002, among other statutes. Overview The SEC has a three-part mission: to protect investors; maintain fair, orderly, and efficient markets; and facilitate capital formation. To achieve its mandate, the SEC enforces the statutory requirement that public companies and other regulated entities submit quarterly and annual reports, as well as other periodic disclosures. In addition to annual financial reports, ...
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Siam Inter Multimedia
Siam Inter Multimedia, operating as SMM Plus Co., Ltd., is a Thai mass media company. It publishes comics and novels through its publishing imprints Siam Inter Comics and SMM Publishing, and operated the sports news network SMM Sport. The company was established in 1990 as Siam Comics Co., Ltd. before going public as Siam Inter Multimedia Public Company Limited in 2003 and being listed on the Stock Exchange of Thailand in 2005. In 2019, it divested all its operations to newly created subsidiary SMM Plus, as the parent company was acquired as part of a backdoor listing and became Stark Corporation. Among the company's best known publications was ''C-Kids'', one of the leading Thai-language shonen manga magazines alongside Nation Edutainment Nation Group (Thailand) Public Company Limited (NATION) () is one of Thailand's largest media companies. The company operates two digital television stations, three national newspapers (English, Thai business, and Thai mass circulation), a un ...
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Industrials
Manufacturing is the creation or production of goods with the help of equipment, labor, machines, tools, and chemical or biological processing or formulation. It is the essence of the secondary sector of the economy. The term may refer to a range of human activity, from handicraft to high-tech, but it is most commonly applied to industrial design, in which raw materials from the primary sector are transformed into finished goods on a large scale. Such goods may be sold to other manufacturers for the production of other more complex products (such as aircraft, household appliances, furniture, sports equipment or automobiles), or distributed via the tertiary industry to end users and consumers (usually through wholesalers, who in turn sell to retailers, who then sell them to individual customers). Manufacturing engineering is the field of engineering that designs and optimizes the manufacturing process, or the steps through which raw materials are transformed into a final pr ...
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Phelps Dodge
Phelps Dodge Corporation was an American mining company founded in 1834 as an import-export firm by Anson Greene Phelps and his two sons-in-law William Earle Dodge, Sr. and Daniel James. The latter two ran Phelps, James & Co., the part of the organization based in Liverpool, England. The import-export firm at first exported United States cotton from the Deep South to England and imported various metals to the US needed for industrialization. With the expansion of the Western frontier in North America, the corporation acquired mines and mining companies, including the Copper Queen Mine in Cochise County, Arizona and the Dawson, New Mexico coal mines. It operated its own mines and acquired railroads to carry its products. By the late 19th century, it was known as a mining company. On March 19, 2007, Freeport-McMoRan completed a $25.9 billion acquisition of Phelps Dodge Corporation. History in 1821, Anson G. Phelps started a partnership in New York City with Elisha P ...
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