Shares of Thai firm building tower that collapsed in quake fall 27%

Investigation underway into design, quality of China-backed government building

20250331 Bangkok Rescue personnel 2

Rescue personnel work at the site of the collapsed State Audit Office tower in Bangkok on March 30. (Photo by Yuki Kohara)

FRANCESCA REGALADO

BANGKOK -- Shares of Bangkok-listed contractor Italian-Thai Development (ITD) fell 27% on Monday, after a government office tower that it was constructing in the capital with a Chinese partner collapsed following an earthquake on Friday.

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