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Thailand Post plans major restructuring ahead of IPO.

Asia Africa Intelligence Wire

| March 30, 2005 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From Bangkok Post)

Thailand Post is undergoing a major reform to turn itself into a provider of high-standard postal and financial services in preparation for its planned listing on the stock market this year.

President Dhiraphongs Suddhinond said the reform master plan would be proposed to the Information and Communications Technology Minister for consideration very soon.

The plan includes organisational restructuring, an overhaul of its accounting system and corporate image and strategies, as well as its plan to list on the Stock Exchange of Thailand this year.

"We will submit the master plan to the ministry for approval first before …

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