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Finance Ministry, PTT set to take control of Thai Petrochemical Industry.
Byline: Wichit Chantanusornsiri
Jul. 3--The Finance Ministry and PTT Plc plan to take a majority shareholding in Thai Petrochemical Industry following implementation of the company's revised restructuring plan.
The ministry could turn to the Government Pension Fund and the Vayupak Fund, two of the country's largest institutional funds and both closely related to the government, to hold shares in TPI.
Finance Minister Somkid Jatusripitak met yesterday with the TPI plan administrators, headed by Gen Mongkol Ampornpisit, to discuss the restructuring.
Dr Somkid said he expected the planners, appointed by the ministry last year, to complete ...
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...Thai Petrochemical Industry (TPI), against the Finance Ministry and eight plan administrators and debt restructuring...addition to the ministry, the defendants included Gen Mongkol Ampornpisit, the former chairman of the planning...
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...yesterday by the Finance Ministry. Though the size...member team, led by Gen Mongkol Ampornpisit, that...rehabilitation. The Finance Ministry chose the team after...approval. "It was the Finance Ministry not the minister...
- Thai Petrochemical Industry Director Pitches Restructuring Plan.
- Newspaper article from: Knight Ridder/Tribune Business News July 22, 2003 700+ words
...planning team headed by Gen Mongkol Ampornpisit. Its members...precedent by naming the Finance Ministry as TPI's planner...like Mab Ta Phut. Gen Mongkol said the new team would...million in capital. Gen Mongkol said the team would...
- Bangkok Post, Thailand, Insider Column.
- Newspaper article from: Knight Ridder/Tribune Business News May 3, 2002 700+ words
...former permanent secretary at the Finance Ministry and now chairman of Krung Thai...appointment late last month of Gen Mongkol Ampornpisit, a former supreme...to lead a roadshow, a former Finance Ministry technocrat or an ex-general...