Saracht Clarifies Gulf's Kasikorn Bank Shareholding as Routine
Saracht Ratanawadee, CEO of Gulf Development Public Company Limited (GULF), clarified the company's shareholding in Kasikorn Bank (KBANK) as a typical market transaction. He emphasized that KBANK is a publicly listed company on the Stock Exchange of Thailand, and purchasing stocks is a normal part of market dynamics. "There are no restrictions on buying stocks. This investment adds value for the company and shareholders. Stock trading is a normal market mechanism," Saracht stated, urging people not to overthink or create unnecessary confusion about the investment.