BangkokPost-Dec 9

The pandemic crisis has bled the wealth of Thailand’s top 10 richest shareholders by 141 billion baht, with Gulf Energy Development’s chief executive Sarath Ratanavadi retaining the top spot for the second consecutive year. The decline in the combined wealth of the top 10 is a 7.1% year-on-year drop, according to the 27th annual survey by Money & Banking magazine and the faculty of commerce and accountancy at Chulalongkorn University.The survey used the Stock Exchange of Thailand (SET) index’s closing at 1,237.04 on Sept 30 as the reference point for calculating wealth.

Read more at: https://www.bangkokpost.com/business/2032171/top-10-shareholders-lose-b141bn-value