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Bangkok Post

National

Top court brings curtain down on family firm feud

The Supreme Court has upheld an Appeal Court's ruling to order Surin Tohtubtiang, chairman and CEO of Kuang Pei San Food Products Plc, and five other defendants to transfer shares in 19 firms and land back to his other nine siblings.

The ruling read on Monday finalised the case regarding Kuang Pei San Food Products Plc, producer of Pumpui canned fish and other products, and conflicts surrounding the family-owned business.

Sutham Tohtubtiang, eldest brother of the family holding major shares in the firm, is expected on Thursday to make a statement along with his siblings and legal team about the case.

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