Bangkok Post, 3 Nov 2009
The person who started spreading the rumour that caused the stock market to plunge last month is living in Singapore, UK-based Oriental Mart Group chief executive officer Ekkeyuth Anchanbutr said on Tuesday.
The unsubstantiated rumour about the state of the His Majesty the King's health caused the Stock Exchange of Thailand (SET) index to tumble seven per cent during trading on Oct 14 and 15.
The prime offender was in the Singapore market and was the same person who sold a large parcel of shares before Oct 14, and then bought them back when the Thai bourse plunged, he said.
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