JKN founder, sister resign after SEC files charges

Jakkaphong Jakrajutatip, chief executive of JKN Global Group, and her sister, Pimuma Jakrajutatip, have resigned from all executive and other positions at the SET-listed content and media buying company after the Securities and Exchange Commission (SEC) filed criminal complaints against the pair.

- NUNTAWUN POLKUAMDEE

In a filing to the Stock Exchange of Thailand, JKN confirmed the resignations, effective as of June 5, as the SEC submitted the allegations to the Department of Special Investigation (DSI) concerning three parties, namely JKN, Ms Jakkaphong and Ms Pimuma.

The charges relate to falsification and/or omission of material information in the company's financial statements for the full year 2023 and the first quarter of 2024.

The SEC accused the three parties of either committing or consenting to the inclusion of false information and incomplete or inaccurate financial disclosures that do not reflect the company's actual financial position.

JKN stated it acknowledged the allegations and is reviewing all relevant information to determine the appropriate legal course of action.