SABUY files a complaint with DSI… Check Naked Short Selling

HoonSmart.com >> SABUY files complaint with DSI next week, gathering all shareholders to file a complaint with DSI for criminalizing naked short selling after the exchange insists it will not be detected.

Mr. Chokyat Rojanapornbaji, CEO of SABUY Technology (SABUY), opened the SABUY CEO Facebook page to report on the process of collecting names of shareholders who were affected in the case in which the company was suspected of naked short selling. During the months of October to November 2023, SABUY’s stock price has seen significant fluctuations. All names will be submitted to the Department of Special Investigations (DSI) for investigation next week. After the stock exchange make sure you do not find any naked short sale transactions.

The SABUY CEO page posted a message saying that next week, shareholders who were affected by SABUY shares during the month of October will be asked to sign on the company’s website. Willing to travel to report for inspection of Naked Short at DSI by Mr. Chukiat. It will disclose the situation in which SABUY finds the expected information that the Fund has sold the shares deposited in the Custodial Bank without obtaining the permission of the major shareholder of SABUY.

Previously, SABUY had notified the Thai Stock Exchange. Verifying this information due to the closure of the shareholder registry and checking the amount of shares traded on the stock exchange during the period from October to November 2023, it was found that approximately 20 million shares were lost to one of the major shareholders, although this major shareholder did not authorize any shares to be borrowed. But a certain amount of shares has been deposited with the custodian. While unusual trading volumes were found during that period, close to the number of deposited shares

Mr. Chowkiat said the company had evidence of bringing SABUY shares owned by Mr. Anunchay Leave the matter with the trustee for sale from Mr. Anunchay’s inquiry. They confirmed that they did not receive money from the sale of these shares, and evidence will be presented on Tuesday, December 19, to Drake & Scull to verify anything happened. Short nude, true or not?

Mr. Anunchai, shareholder No. 2, deposited 100 million shares with the custodian in early October 2023, but found 20 million shares missing even though no transactions were allowed, and he did not sell any shares at all.

“After the incident, the stock market did not ask me or ask me to explain. But he immediately denied the news. Currently, there are shareholders signing complaints with and more than 10 people were arrested by the Public Security Directorate this week. Mr. Chokyat said: “I will submit an order to DSI to check whether there are nude shorts or not.”

For shareholders who want to file a complaint, you can log in and register your name at the link below.

https://forms.gle/yo3HfDFdanJq3JC28

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