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