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Thai Agency to Sell Four State Enterprises by 2004.

Bangkok Post (Bangkok, Thailand)

| July 01, 2002 | COPYRIGHT 2002 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Wichit Sirithaveeporn

Jul. 1--The Finance Ministry is moving ahead with privatisation of four state enterprises in the transport and communications sectors in 2004.

Total assets of the Expressway and Rapid Transit Authority of Thailand, the State Railway of Thailand, The Transport Co and the Mass Communications Organisation of Thailand are estimated at 218 billion baht.

Finance Ministry sources said that under the plan, all four state enterprises would be listed on the Stock Exchange of Thailand by 2004.

A formal privatisation plan is expected to be submitted to Finance Minister Somkid Jatusripitak for approval this month.

...

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Source: HighBeam Research, Thai Agency to Sell Four State Enterprises by 2004.