Showing 1 - 10 of 11
Top Thai wind power firm plans B65bn expansion
Published on 29/05/2025
» Thailand’s largest wind power producer plans to spend 65 billion baht to almost triple generating capacity over the next 12 years, and will go public to fund the expansion.
Narongdej kin find key evidence
News, Aekarach Sattaburuth, Published on 21/10/2023
» The Narongdej family, led by siblings Kris and Korn Narongdej, together with their family lawyer on Friday provided important evidence they said dispelled all previous speculation and proved that the signature of their father Kasem had been forged, a family statement said.
Lese-majeste refugee wins stock fraud case
Published on 01/08/2023
» A British court has ruled in favour of Thai businessman Nopporn Suppipat, who fled the country after facing a lese-majeste charge in 2014, in a case in which he said he was cheated out of billions of baht in the sale of shares in his company.
Exiled renewable firm founder Nopporn seeks $1.5bn in UK fraud case
Published on 18/10/2022
» The founder of Thailand’s biggest wind power operator is seeking about $1.5 billion at a London fraud trial over allegations he was pressured to sell a large chunk of the firm just as he faced criminal charges in the country.
Court dismisses lawsuit against KPN co-founder
Business, Published on 05/11/2020
» Bangkok South Municipal Court has dismissed a lawsuit against Kasem Narongdej, co-founder of KPN Group, one of the defendants in a legal dispute over debt issues, filed by Wind Energy Holding (WEH)'s founder and former owner Nopporn Suppipat.
Narongdej family commits to repay B/E debts worth B50m
Business, Darana Chudasri, Published on 13/12/2018
» A member of the Narongdej family has vowed to repay debts incurred from issuing bills of exchange (B/Es) worth around 50 million baht in the latest episode of Wind Energy Holding (WEH)'s drama.
Hong Kong court prevents WEH divestment
Business, Post Reporters, Published on 01/06/2018
» Documents show the High Court of Hong Kong issued an injunction prohibiting a company owned by Kasem Narongdej from divesting itself from Wind Energy Holding's (WEH) shares, bolstering suspicions of inappropriate behaviour in the company and confirming the involvement of the Narongdej patriarch in the scandal.
Nop downplays family squabble
Business, Post Reporters, Published on 05/05/2018
» Nop Narongdej has dismissed his family's claims of using the family name to advance his business interests as an ordinary family feud, saying he will retain his current position as chairman of KPN's executive committee.
Nop Narongdej accused by family
Business, Post Reporters, Published on 01/05/2018
» Nop Narongdej has been publicly alienated by his own family, with KPN Group releasing a public statement accusing him of improperly using the Narongdej family name to advance his business, while withholding crucial information regarding Wind Energy Holdings (WEH) from the family.
WEH sees winds of change blowing yet again
Business, Published on 26/04/2018
» Wind Energy Holding (WEH) is preparing for a 2019 IPO, several years after the original public offering was derailed by one of the most publicised corruption scandals to hit Thailand.