Thailand: King Maha Vajiralongkorn has taken personal ownership of royal assets including a stake in Siam Cement. In March 2018 stock exchange data showed that the king acquired around a US$150m stake in the cement and chemical producer, according to Reuters. The Crown Property Bureau has transferred ownership of the assets worth at least US$30bn to the monarch.
Thai king takes control of stake in Siam Cement
URL: https://globalcement.com/news/item/7652-thai-king-takes-control-of-stake-in-siam-cement
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