Home THE DAILY EDGE Business Shin Shares gain most in a month after legal clarification
Shin Shares gain most in a month after legal clarification

Tags: Shin Corp | Temasek Holdings

Written by Bloomberg   
Thursday, 11 March 2010 13:29
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Shin Corp. Pcl, a Thai holding company majority owned by Temasek Holdings, climbed the most in a month in Bangkok trading after saying a court ruling to seize assets from its founder, Thaksin Shinawatra, doesn’t impact its business, reported Bloomberg.

The shares rose 2.9% to 26.75 baht ($1.15)as of 12:20 p.m., the most since Feb 12.

“The judgement does not contain any order indicating that Shin Corp. or its affiliated companies shall take any actions as Shin Corp is not involved in the case,” the company said in a statement yesterday.
 
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Shin Shares gain most in a month after legal clarification
Thursday, 11 March 2010

Last Updated on Thursday, 11 March 2010 14:33