Bloomberg News

Ticon Shares Drop Most in 17 Months as Thai Floods Shut Plants

October 10, 2011

Oct. 11 (Bloomberg) -- Ticon Industrial Connection Pcl, a Thai factory developer, dropped the most in 17 months in Bangkok trading after saying some of its factories in Ayutthaya province were damaged by flooding.

The shares slid 8.6 percent to 9.60 baht as of 10:08 a.m. local time, set for the largest decrease since April 29, 2010.

To contact the reporter on this story: Anuchit Nguyen in Bangkok at anguyen@bloomberg.net

To contact the editor responsible for this story: Tony Jordan at tjordan3@bloomberg.net


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