Stormy scenes at the NMG meeting on April 29, 2015 as some shareholders try to get into the meeting room at the Landmark Bangkok Hotel but are blocked by security guards employed by management. (Photo by Thanarak Khunton)The Security Exchange Commission has banned eight directors and executives of Nation Multimedia Group Plc (NMG) for improper conduct over the blocking shareholders from attending a meeting last year. At the time NMG was in a dispute with MAI-listed News Network Corporation Plc, formerly Solution Corner (1998), after NEWS bought a 12% stake in 2014. NMG executives blocked more than half the shareholders from attending the meeting. NMG shares dropped 1.79% to close at 1.10 baht on Thursday.

Source: Bangkok Post October 06, 2016 13:30 UTC