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News Forum - THAI needs to raise 10 billion baht as part of restructuring


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Thailand’s State Enterprise Policy Office (SEPO) announced Thai Airways (THAI) needs to raise 10 billion baht to ensure the company’s shareholding does not dip below 40%. The Finance Ministry, THAI’s biggest shareholder with a 47% stake, revealed plans are already underway to raise the finances and preserve its shareholding in the company. SEPO Director General Pantip Sripimol reported that the ministry is selling some of its shares in other state enterprises to raise the necessary funds. Pantip added that the Finance Ministry has not revealed which state industries will be sacrificed as part of the deal as the decision will […]

The story THAI needs to raise 10 billion baht as part of restructuring as seen on Thaiger News.

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