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Thai stock market: Tech company Stark's 99% crash triggers alarm

Thai stock market: Tech company Stark's 99% crash triggers alarm
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Paula Bronstein Getty , Vonnarat Tangkaravakoon , Arkhom Termpittayapaisith , Phelps Dodge International , Stark Corp , Forward Party , Siam Inter , Phelps Dodge , Move Forward Party , Asia Plus Securities ,

A 99% Stock Crash and Surprise Default Raise Alarm in Thailand

(Bloomberg) Only a year ago Stark Corp. looked like a Thai corporate success story. Backed by a wealthy local businessman, the nearly $2 billion maker of electrical cables was an aggressive acquirer making its first major push beyond Asia.Most Read from BloombergTitanic Sub Crew Dead After Vessel’s Catastrophic ImplosionThese Are the World’s Most (and Least) Liveable Cities in 2023Debris Found Near Titanic Wreck in Search for Missing VesselTitanic Sub Search Chases Mystery Noises as Air Runs ....

Republic Of , Prachak Tangkaravakoon , Vonnarat Tangkaravakoon , Chanin Yensudchai , Bloomberg Businessweek , Leoni Bordnetz Systeme Gmb , Niwes Hemvachiravarakorn , Somjin Sornpaisarn , Securities Exchange Commission , Credit Suisse , Leoni Business Group Automotive Cable Solutions , Phelps Dodge International , Phelps Dodge International Thailand Ltd , Adisorn Songkhla Co , Stark Corp , Holdings Plc , Thai Airways International Pcl , Thai Bond Market Association , Stock Exchange Of Thailand , Thai Value Investor Club , Southeast Asia , Thai Value Investor , Siam Inter Multimedia , Phelps Dodge , Leoni Bordnetz Systeme Gmbh , Chairman Chanin Yensudchai ,