Finance Ministry to propose Cabinet review of roles of 8 state enterprises, rules out MCOT-Thai PBS merger

RegulationCorporate Action
โดย InfoQuest·TH·Read original
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The Ministry of Finance is preparing to submit to the Cabinet meeting a plan to address the problems of MCOT Public Company Limited, as part of a broader review of the roles of all eight state enterprises, according to Thibodi Wattanakul, Director of the State Enterprise Policy Office. The plan covers options including dissolution, merger, or organizational restructuring so that these agencies can operate efficiently and keep pace with changing economic conditions. Thibodi confirmed that reports of a merger between MCOT and Thai PBS television station are definitely impossible, because the two organizations are bound by different laws. Earlier, the State Enterprise Policy Committee approved a study reviewing the roles of eight state enterprises: the Marketing Organization for Farmers, the Public Warehouse Organization, the Market Organization, the Police Printing Office of the Royal Thai Police, the Playing Card Factory, the Liquor Organization, Bangkok Dock Company Limited, and MCOT Public Company Limited. The Ministry of Finance will propose that the Cabinet review the operational plans and roles of the remaining seven state enterprises to assess their future direction.

Impact on stocks 1

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

Finance Ministry will propose Cabinet review of MCOT's role, with options including dissolution, merger, or restructuring, while ruling out a merger with Thai PBS.

Off-coverage companies 6

Bangkok Dock Company Limited (บริษัท อู่กรุงเทพ จำกัด)Private± Mixed
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Liquor Distillery Organization (Excise Department)Private± Mixed
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Marketing Organization (องค์การตลาด)Private± Mixed
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Playing Cards Factory (โรงงานไพ่ กรมสรรพสามิต)Private± Mixed
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Police Printing House (โรงพิมพ์ตำรวจ สำนักงานตำรวจแห่งชาติ)Private± Mixed
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Public Warehouse Organization (องค์การคลังสินค้า)Private± Mixed
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