SESC opens probe into Thai fund

Global Business Influential   2010年07月30日 5:02   评论»  

The Securities and Exchange Surveillance Commission has searched locations related to Thai-based investment fund Asia Partnership Fund Group over its unit’s alleged fictitious investment in a listed Japanese company, according to sources. The company, Showa Holdings Co., was also raided by the security industry watchdog. The firm, formerly known as Showa Rubber Co., privately issued shares worth about ¥1.2 billion to an APF unit in June 2008.

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SESC opens probe into Thai fund

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