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Thai Airways mum on stake purchase
Thai Airways International yesterday denied reports that it will buy at least 20 per cent of Thai AirAsia.
“THAI would like to clarify that the company has [held discussions] with all Thai-operated airlines in the country in considering strategies for Thailand’s aviation industry in supporting transportation and tourism.
“THAI has not yet considered any investment in any airlines for the time being. Should there be any development in this front, THAI will properly notify the SET [Stock Exchange of Thailand] as soon as possible,” it said in the filing.
JOINT TIN ORE PROJECT
Tongkah Harbour on Tuesday signed a joint contract with Sea Mineral Myanmar Company for a “Dawei Princess Project” to explore for and produce tin ore and other metals in an area measuring 20 hectares in Dawei, Myanmar.
NEW EXEC FOR SET
The Stock Exchange of Thailand has appointed Man Juttijudata as executive vice president, corporate strategy division, to oversee the strategy, international-relations and research departments, effective from March 1.
