Temasek-Owned Stocks Fall After Thai Thaksin Ruling

BusinessWeek, 2 Mar 2010
March 2 (Bloomberg) -- Stocks majority-owned by Singapore’s Temasek Holdings Pte fell in Bangkok trading after a Thai court ruled Feb. 26 that ex-leader Thaksin Shinawatra abused his power to benefit those companies.
Shin Corp., 42 percent owned by Temasek, fell 3.5 percent as of 11:50 a.m. local time. Advanced Info Service Pcl, the nation’s biggest mobile-phone company, dropped 3.1 percent. Thaicom Pcl, a satellite monopoly, declined 8.3 percent. Shin controls Advanced Info and Thaicom. Full story

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Thai Shin group shares slump after Thaksin verdict - Interactive Investor