Daily BriefsThailand

Daily Brief Thailand: Krungthai Card and more

In today’s briefing:

  • Krungthai Card (KTC TB): Pledged Shares Inching Up, Again


Krungthai Card (KTC TB): Pledged Shares Inching Up, Again

By David Blennerhassett

  • As discussed in May this year, shares in Krungthai Card (KTC TB), XSpring (XPG TB), BEC World (BEC TB), and The Practical Solution (TPS TB) all went limit down. Twice.
  • Reportedly Mongkol Prakitchaiwattana pledged his holdings in all four companies. Pledged shares figures released by the SET illustrated a dramatic downward swing in KTC’s pledged shares in June versus May. 
  • SET’s updated list of securities pledged – as at 29th August – shows pledged shares in KTC ticking up. But so has KTC’s share price, slowly but surely.

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