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Delays in Privatisation of Thailand's State Enterprises Worry Investors.

Bangkok Post (Bangkok, Thailand)

| March 06, 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: Nuntawun Polkuamdee

Mar. 6--Foreign investors remain concerned about possible delays in the planned privatisation and listing of state enterprises, said Kittiratt Na Ranong, president of the Stock Exchange of Thailand.

Mr Kittiratt on Monday led a roadshow to Singapore to hold talks with 25 institutional investors, the second such show this year.

Presentations focused on Thailand's improved economic and corporate performance, with Mr Kittiratt noting that 73 percent of the 352 listed firms reporting total profits of 161.8 billion baht last year.

He said the SET would hold similar roadshows in Hong Kong and Taiwan in the next ...

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Source: HighBeam Research, Delays in Privatisation of Thailand's State Enterprises Worry...

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