Tycoon’s big betmade him US$1bil richer

📆 4/8/2019 3:43 AM
📰 staronline

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BANGKOK: Thai energy tycoon Sarath Ratanavadi’s fortune has surged US$1bil (RM4bil) since late December as investors warm to his bet on Vietnam.

Shares in his Bangkok-listed firm, Gulf Energy Development Pcl, have jumped 50% following its mid-August announcement of wind and solar power ventures in Vietnam.

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