• Wed
  • Apr 16, 2014
  • Updated: 10:06pm

Dhanin Chearavanont

Jumbo-sized ambitions

Two Thai tycoons - one a politically connected Chinese-speaker, the other the son of a street vendor - have spent US$27 billion on acquisitions in the past year, mainly abroad. The splurge is more than all Thai firms spent overseas in the previous three years.

Tuesday, 11 June, 2013, 3:25am

CP snaps up Thai retailer Siam Makro for US$6.6b

CP All, controlled by Dhanin's Charoen Pokphand Group - which bought HSBC's US$9.4 billion stake in Ping An Insurance in February - agreed to pay 787 baht (HK$212) a share for the 64 per cent of Siam Makro owned by SHV, CP All said yesterday.

24 Apr 2013 - 5:41am

Thai billionaire denies UBS role in Ping An deal

Thai billionaire Dhanin Chearavanont has reportedly denied Swiss bank UBS was the mystery lender behind his conglomerate Charoen Pokphand's US$9.4 billion purchase of a stake in China's second-largest insurer, Ping An Insurance.

8 Apr 2013 - 5:31am