Old missteps haunt Thailand’s billionaire Shinawatras

Old missteps haunt Thailand's billionaire Shinawatras Old missteps haunt Thailand's billionaire Shinawatras

BANGKOK — The fall and rise of Thailand’s two latest prime ministers can be traced in the share prices of their family companies in the fateful August week when Srettha Thavisin was ousted and Paetongtarn Shinawatra elected to succeed him.

Before the Constitutional Court could finish reading its verdict against Srettha, shares in Sansiri, his Bangkok-listed property development company, began falling and ended the day down 3%. But another property developer, SC Asset, was up 7.8% by the end of the week.