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Billionaire Sarath’s Gulf doubles Kbank stake

Summary by Bangkok Post
Gulf Development Plc, controlled by billionaire Sarath Ratanavadi, has doubled its stake in Kasikornbank Plc to become the Thai commercial lender’s largest shareholder.

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Bangkok PostBangkok Post
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Billionaire Sarath’s Gulf doubles Kbank stake

Gulf Development Plc, controlled by billionaire Sarath Ratanavadi, has doubled its stake in Kasikornbank Plc to become the Thai commercial lender’s largest shareholder.

·Bangkok, Thailand
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Bangkok Post broke the news in Bangkok, Thailand on Saturday, February 14, 2026.
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