12.02.2009 - Temasek shoots down Thaicom plan
From Nationmultimedia.com: Temasek Holdings has opposed Thaicom's plan to launch a new satellite to replace Thaicom 1, which will expire in July. A source at Shin Corp said Temasek is of the view that the launch would require a huge investment in this time of economic downturn. The cost of building a conventional satellite is estimated at US$150 million (Bt5.2 billion)..... Full Article: Source