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

Thailand says buying Thaicom depends on resolving legal issues

Posted on 18 June 2010

From WSJ: The Thai government said Thursday it needs to resolve several legal issues before it can conclude a proposal to buy Temasek Holdings Pte. Ltd.’s stake in Thai satellite operator Thaicom PCL.
The announcement comes days after the government first confirmed it is seeking to buy a substantial stake in Thaicom from Singapore’s state-owned investment company, due to national security reasons.
However, Prime Minister Abhisit Vejjajiva has said the deal will depend on pricing and other conditions…………………………………………..Full Article: Source


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