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Thailand conglomerate to revise investment strategies.
Byline: Nuntawun Polkuamdee
Oct. 2--Shin Corporation plans to revise its investment plans and business strategy as soaring oil prices has caused operations at subsidiary Thai AirAsia to miss targets.
Boonklee Plangsiri, Shin chief executive officer, said the company would revise its investment plans by the end of the year.
Telecommunications would remain the focal point for the conglomerate, he said, adding that the sector overall still offered promising growth opportunities even as competition was increasing.
Shin Corp, founded by Prime Minister Thaksin Shinawatra, has large shareholdings in dozens of local companies, including ...
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...distribution director of Thai AirAsia. He said the airline...southernmost provinces. Thai AirAsia will tread cautiously...three to four months, Thai AirAsia plans to also begin...To see more of the Bangkok Post, or to subscribe to...
- Thai AirAsia denies IPO rumours: No shareholding changes planned.
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...previously owned 50 percent in Thai AirAsia. Thai AirAsia continues to be 49 percent owned...Malaysia. Mr Tassapon told the Bangkok Post that he had spoken with Mr Fernandes...shares available in an IPO to Thai AirAsia employees. He stressed that...
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...percent is held by Thai AirAsia's chief executive...is expected to cost Thai AirAsia's management, or...Mr Tassapon told the Bangkok Post yesterday. "Mr Sittichai...foreign ownership in Thai AirAsia." Critics had charged...
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...DCA chief said that Thai AirAsia, like any licence...investigate the issue." Thai AirAsia chief executive Tassapon...conform with the rules. Thai AirAsia was not aware of the...To see more of the Bangkok Post, or to subscribe to...