SEPO Confirms MCOT-Thai PBS Merger Impossible, Prepares to Ask Cabinet to Review Eight State Enterprises

RegulationCorporate Action
โดย Prachachat·TH·Read original
Summary · why it matters

Thibodi Wattanakul, Director of the State Enterprise Policy Office, or SEPO, disclosed that reports of a merger between MCOT Public Company Limited, or MCOT, and the Thai Public Broadcasting Service, or Thai PBS television station, are impossible, because the two organizations operate under different legal provisions. However, the Ministry of Finance is preparing to propose that the Cabinet consider guidelines for resolving MCOT's problems, as well as review the operational plans and roles of eight other state enterprises, in order to assess their future direction, covering approaches such as dissolution, merger, or organizational restructuring, so that these agencies can operate efficiently and keep pace with changing economic conditions. Thibodi said he will wait to submit the matter to the Cabinet, which includes the MCOT issue and is likely to include the eight state enterprises as well, and will then hold another press conference. Earlier, the State Enterprise Policy Committee, or SEPO Board, approved a study to review the roles of eight state enterprises: the Marketing Organization for Farmers, the Public Warehouse Organization, the Market Organization, the Police Printing Office under the Royal Thai Police, the Playing Card Factory, the Liquor Organization, Bangkok Dock Company Limited, and MCOT Public Company Limited.

Impact on stocks 1

Communication Services▲ · 1 stocks
MCOT Public Company Limited
MCOT
± MixedRegulationrelevance

SEPO says MCOT-Thai PBS merger is impossible, but Cabinet will review MCOT's problems and possible dissolution/merger/restructuring.

Off-coverage companies 6

Bangkok Dock Company Limited (บริษัท อู่กรุงเทพ จำกัด)Private± Mixed
Regulationrelevance

Bangkok Dock Company is among the eight state enterprises slated for a Cabinet review of operational plans and future direction, including possible dissolution or restructuring.

Liquor Distillery Organization (Excise Department)Private± Mixed
Regulationrelevance

Liquor Organization is among eight state enterprises whose roles and future (dissolution, merger, restructuring) will be reviewed by Cabinet.

Marketing Organization (องค์การตลาด)Private± Mixed
Regulationrelevance

Marketing Organization is among eight state enterprises whose operational plans and future direction will be reviewed.

Playing Cards Factory (โรงงานไพ่ กรมสรรพสามิต)Private± Mixed
Regulationrelevance

Playing Card Factory is one of eight state enterprises whose roles will be reviewed by the Cabinet, with possible dissolution, merger, or restructuring.

Police Printing House (โรงพิมพ์ตำรวจ สำนักงานตำรวจแห่งชาติ)Private± Mixed
Regulationrelevance

Police Printing Office is among eight state enterprises whose operational plans and future direction will be reviewed.

Public Warehouse Organization (องค์การคลังสินค้า)Private± Mixed
Regulationrelevance

Public Warehouse Organization is among eight state enterprises whose roles and future will be reviewed by Cabinet.

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