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Thailand Billionaire & Founder of Renewable Energy & Electric Vehicle Group Energy Absolute Somphote Ahunai & Deputy Resign after Allegations of Fraud by Thailand Regulator, Current Market Value at $662 Million with Share Price -88% YTD & -90% in Last 12 Months

Jul 19, 2024

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Thailand Billionaire & Founder of Renewable Energy & Electric Vehicle Group Energy Absolute Somphote Ahunai & Deputy Resign after Allegations of Fraud by Thailand Regulator, Current Market Value at $662 Million with Share Price -88% YTD & -90% in Last 12 Months

19th July 2024 | Hong Kong

Thailand billionaire & founder of renewable energy & electric vehicle group Energy Absolute Somphote Ahunai & his deputy have resigned after allegations of fraud by the Thailand regulator. Somphote Ahunai had lost $4.5 billion fortune in 2 years from $4.8 billion to $300 million personal fortune. Energy Absolute has $1 billion of debt, and current market value at $662 billion with share price decreasing -88% YTD & -90% in the last 12 months. Somphote Ahunai founded Energy Absolute in 2006, and IPO on Stock Exchange of Thailand (SET) in 2013.

“ Thailand Billionaire & Founder of Renewable Energy & Electric Vehicle Group Energy Absolute Somphote Ahunai & Deputy Resign after Allegations of Fraud by Thailand Regulator, Current Market Value at $662 Million with Share Price -88% YTD & -90% in Last 12 Months “

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Thailand Billionaire & Founder of Renewable Energy & Electric Vehicle Group Energy Absolute Somphote Ahunai Lost $4.2 Billion Fortune in 2 Years from $4.8 Billion to $600 Million Personal Fortune, Energy Absolute Has $1 Billion of Debt, Current Market Value at $1.2 Billion with Share Price Decreasing -70% YTD & -74% in Last 12 Months, Somphote Ahunai Founded Energy Absolute in 2006 and IPO on Stock Exchange of Thailand in 2013

11th July 2024 – Thailand billionaire & founder of renewable energy & electric vehicle group Energy Absolute Somphote Ahunai had lost $4.2 billion fortune in 2 years from $4.8 billion to $600 million personal fortune. Energy Absolute has $1 billion of debt, and current market value at $1.2 billion with share price decreasing -70% YTD & -74% in the last 12 months. Somphote Ahunai founded Energy Absolute in 2006, and IPO on Stock Exchange of Thailand (SET) in 2013.

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