Thaifoods Group CEO resigns after insider-trading fine

Thaifoods Group CEO Winai Teawsomboonkij has resigned after being fined for insider trading. His resignation takes effect retroactively from 26 December. According to a statement by the meat processor, issued yesterday (8 January), Teawsomboonkij has not carried out any duties nor taken part in operations and decision-making since that date. In December, the Thai Securities and Exchange Commission (SEC) imposed civil penalties on Teawsomboonkit and five others for the use of inside information to buy t ...