Thailand's Finance Ministry plans to sell stocks in two major government-run companies to help raise 11.2 billion baht ($412 million) in funds to buy new shares in Thai Military Bank (TMB), a local newspaper has reported.

PositionThailand - Brief Article

Thailand's Finance Ministry plans to sell stocks in two major government-run companies to help raise 11.2 billion baht ($412 million) in funds to buy new shares in Thai Military Bank (TMB), a local newspaper has reported. The Ministry will sell shares in the country's largest oil and gas company PTT, and national carrier, Thai Airways International, with plans to buy them back within three years, the newspaper said, citing a plan approved earlier in the month by the government cabinet. The...

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