Laguna Resorts Director Faces SEC Sanctions for Insider Trading

Banyan Tree Holdings ( (SG:B58) ) has issued an update.

Laguna Resorts & Hotels Public Company Limited has announced that the Office of the Securities and Exchange Commission has imposed civil sanctions on its independent director and Chairman of the Audit Committee, Mr. Vudhiphol Suriyabhivadh, for alleged insider trading involving shares of L.P.N. Development Public Company Limited. The company clarified that this issue is a personal matter for the director and does not affect its business operations, and it will consider further actions after obtaining more information.

More about Banyan Tree Holdings

Laguna Resorts & Hotels Public Company Limited operates in the hospitality industry, focusing on resort and hotel management. The company is based in Thailand and is known for its luxury accommodations and services.

Average Trading Volume: 384

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $222.7M

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