MARKETS
Regulators watching telecom firm prices
The Stock Exchange of Thailand is monitoring price and volume movements of listed telecom companies for fear of share manipulation and speculation ahead of the auction of third-generation wireless licences later this month.
Sakkarin Ruamrangsri, the SET chief regulatory officer, said imbalances in information flows would cause distortions and volatility in the market.
He cited last week's court decision to allow 74 industrial projects at Map Ta Phut to proceed, a decision with widespread implications for listed companies such as PTT Plc and Siam Cement.
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About the author
- Writer: Nuntawun Polkuamdee
- Position: Business Reporter
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