Legal

Analyst: Thai Union executives guilty of insider trading should resign to avoid 'long-term negative issues'

Damage to the company's corporate governance reputation could potentially cause longer term-investment challenges.

The Thai Union insider trading allegations could cause long-term damage to Thai Union if executives don't resign, one analyst says. Pictured (left to right): Thiraphong Chansiri, president and CEO, Kraisorn Chansiri, founder and chairman, and Cheng Niruttinanon, founder and executive chairman of Thai Union. Kraisorn was fined by the Thai SEC for insider trading.
The Thai Union insider trading allegations could cause long-term damage to Thai Union if executives don't resign, one analyst says. Pictured (left to right): Thiraphong Chansiri, president and CEO, Kraisorn Chansiri, founder and chairman, and Cheng Niruttinanon, founder and executive chairman of Thai Union. Kraisorn was fined by the Thai SEC for insider trading.Photo: Thai Union
Published 4 April 2022, 13:41Updated 4 April 2022, 13:41
Thai UnionKraisorn ChansiriThailandCanned tunaThiraphong Chansiri