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Once Wichai had enough shares to call the shots, he changed management, restructured debt and injected cash.
FORBES: Art Of The Deal
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In 2003 the Ourairat family, founders of the Phyathai Group, sued Wichai, claiming the debt restructuring he engineered with the banks diluted their stake in Prasit Patana to just 3%.
FORBES: Art Of The Deal
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Wichai says politics had nothing to do with it.
FORBES: Art Of The Deal
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Wichai bought that 30% stake for a song.
FORBES: Art Of The Deal