Superboard member for privatisation | Bangkok Post: business

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Superboard member for privatisation

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Banyong Pongpanich, a member of the State Enterprise Policy Commission, has thrown his support behind privatisation of state enterprises and demutualisation of the Stock Exchange of Thailand (SET). 

The move was recently proposed by the Federation of Thai Capital Market Organizations to the National Council for Peace and Order (NCPO).

Privatising state enterprises can be done via full privatisation when the Finance Ministry sells its entire stake or by privatisation of state enterprises engaged in a monopoly, Mr Banyong said.

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