Home » breakingnews » Sermsin concerned ban will affect businessSermsin concerned ban will affect businessThursday's order issued by the Securities and Exchange Commission (SEC) to ban eight directors of Nation Multimedia Group (NMG) will cause severely damage on its business operation in a crucial tipping point of changing media landscape, its executive asked. "We have been talk with a number of both local and international clients, banking and financial institutes, business partners and government authorities. What should the company do next?" This unexpected ban order potentially leads to severe business damage not only to the company as a whole but also for thousands of employees and all shareholders. "Giving this tough situation, the SEC would give further way-out in this regards as both external and internal management are likely to be halted, too," he said.

Source: The Nation Bangkok October 07, 2016 05:48 UTC