“Myanmar’s Aung San Suu Kyi and other top leaders have been detained in an early-morning raid in an apparent “coup,” her party’s spokesperson Myo Nyunt said, a move that came after the country’s military disputed its landslide win in a November election.”

Source: Bloomberg

Why should those on the Thai equity markets care?

You have OSP, CBG, MEGA, SCC, and GLOBAL all exposed/with operations there.

Quick thoughts:

  • A dip
  • A buying opp
  • Perhaps there is zero impact to businesses
  • Perhaps over time the coming years certain groups benefit i.e. infrastructure plays.
  • The illusion of a democracy taken away => riots?

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