Thailand

TPI Polene Pcl, Thailand’s third-biggest cement maker, climbed the most in one month in Bangkok trading after a court allowed the company to exit receivership. The Bangkok-based company rose 7.7 percent to 3.34 baht at the close, its biggest gain since Dec. 19. The stock has advanced 5.7 percent this year compared with a 3.7 percent decline in the benchmark SET Index. The Central Bankruptcy Court issued an order to terminate the court-supervised rehabilitation proceedings, the company said in a filing to the stock exchange today.
Read more