EMPIRE Executive Turnovers and Financial Struggles

MGR Online•Economy•5d ago

Reader Briefing

Origin Global Empire Public Company Limited faces frequent executive turnover and a trading suspension due to delayed financial statements.

•Ms. Watcharaporn Suwinchai resigned as CEO, Acting CFO, and Chairperson of the Executive Board on August 19, 2026.
•The Stock Exchange of Thailand suspended trading of EMPIRE shares (SP mark) on August 17 due to failure to submit Q2 2026 financial statements.
•EMPIRE reported an accumulated loss of 419.20 million baht at the end of Q1 2026.
•The company changed its name from Twenty Four and Supply Public Company Limited (24CS) to EMPIRE in August 2025.

•Origin Global Empire Public Company Limited (EMPIRE) experiences frequent resignations of directors and executives who often cite health or other responsibilities.
•Mr. Krasuang Jarusira became a major shareholder around late 2025.
•Ms. Watcharaporn Suwinchai resigned from the positions of CEO, Acting CFO, and Chairperson of the Executive Board effective August 19, 2026, after starting the role on March 1, 2026.
•EMPIRE had an accumulated loss of 419.20 million baht by the end of the first quarter of 2026.
•The Stock Exchange of Thailand imposed an SP mark to suspend trading of EMPIRE shares on August 17 because the company failed to submit Q2 2026 financial statements.
•EMPIRE previously operated under the name Twenty Four and Supply Public Company Limited (24CS) before changing its name in August 2025.
•The final closing price of EMPIRE shares was 25 satang, with 3,939 minority shareholders.
•The article notes that the stock has a history of volatile price movements and speculation despite poor financial performance.

Full article content is available on the original source.

Origin Global Empire Public Company Limited(บริษัท ออริจิ้น โกลบอล เอมไพร์ จำกัด (มหาชน))

A listed company also known as EMPIRE that faces executive turnover and financial losses.

The Stock Exchange of Thailand(ตลาดหลักทรัพย์)ℹ️

The entity that suspended trading of EMPIRE shares due to missing financial statements.

Twenty Four and Supply Public Company Limited(บริษัท ทเวนตี้ โฟร์ แอนด์ ซัพพลาย จำกัด (มหาชน))

The former name of EMPIRE, also known as 24CS, before the name change in August 2025.

Sunan Srichantra(สุนันท์ ศรีจันทรา)

The author of the article regarding EMPIRE executives.

Krasuang Jarusira(กระทรวง จารุศิระ)

A major shareholder of EMPIRE since approximately late 2025.

Watcharaporn Suwinchai(วัชราภรณ์ สุวินย์ชัย)

Former CEO, Acting CFO, and Chairperson of the Executive Board of EMPIRE who resigned on August 19, 2026.