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Asian Family Conglomerates

Thai magnate grooms new generation for $63bn CP empire

Successors face challenge on rail diversification

MASAYUKI YUDA, Nikkei staff writer | Thailand

BANGKOK -- Four days after the coronation of King Vajiralongkorn Bodindradebayavarangkun in May, Thailand's richest businessman arrived at the Grand Palace in Bangkok for an audience with the new monarch, his two chosen successors in tow.

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