Thailand

Stark Finds $426 Million of Irregular Transactions in Thai Audit – Bloomberg

By Securities Docket on October 2, 2023, 9:53 am

Stark Corp., a Thai industrial cable maker at the center of an accounting scandal and debt defaults, discovered at least 15.6 billion baht ($426 million) of irregular transactions at its units after completing parts of a required special investigation. Phelps Dodge International (Thailand) Ltd., Stark’s cable-making unit, had total damages of 12 billion baht in […]

Posted in Global, Top | Tagged Accounting, Thailand