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Sovereign Wealth Funds Briefing - Categorized | Compliance/Regulation/Legal, Investment

Government pursues plan to buy Thaicom

Posted on 14 June 2010

From Bangkokpost.com: The Thai government is proposing to buy Thaicom Plc from Singapore-based Temasek Holdings to avoid future conflicts stemming from the use of the company’s satellites to air anti-government broadcasts, according to an industry source.
Finance Minister Korn Chatikavanij and Sirichok Sopha, the prime minister’s secretary, flew to Singapore in mid-April as political protests were escalating to meet Temasek executives with two proposals, said the source, who asked not to be named…………………………………………Full Article: Source

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