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Thai Investor Favorite, Group Lease Hit by Devastating Report
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Thai Investor Favorite, Group Lease Hit by Devastating Report

John Berthelsen's avatar
John Berthelsen
Oct 14, 2017
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Thai Investor Favorite, Group Lease Hit by Devastating Report
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The Thailand-listed Group Lease PCL, which provides loans for poor peasants to buy motorbikes and agricultural equipment in several Southeast Asian countries and which has become a darling of Thai investors, is actually worth a fraction of its share price and could well in effect be little more than a Ponzi scheme, according to an exhaustive report issu…

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