Sondhi was reckless in last Friday’s march, however much his movement may contain the seeds for reform.

OVERDRIVE: Shin Corp share sale a masterful juggling act

Keep an eye on the takeover of Shin Corporation today or next Monday. After weeks of intense speculation, it is now certain that Temasek Holding of Singapore will buy a 49.6-per-cent stake in Shin Corp from the Shinawatra and Damapong families. At around Bt50 to Bt52 a share, this takeover deal will be worth about Bt75 billion, making it Thailand’s largest ever.