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Buddha image at Phra Phut Kiti Sirichai Pagoda overlooking Baan Krud beach
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Baan Krud or Baaan Grood or even Baan Krut has all these spellings and possibly more. It is a very small town with a pleasant beach in Prachuap Khiri Khan Province which lies on the Gulf coast south of Bangkok. At the north end of the beach is a rather magnificent temple perched on top of a hill. There is a photograph of the temple itself in an earlier posting on this blog.
http://hellonearth-livinginasia.blogspot.com/2011/05/wat-tang-sai.html
In Chinese tradition, the fifteenth day of the seventh month in the lunar calendar is called Ghost Day and the seventh month in general is regarded as the Ghost Month (鬼月), in which ghosts and spirits, including those of the deceased ancestors, come out from the lower realm.
(Wikipedia)
Phuket City which has many people of Chinese descent celebrates this festival each year.