Meeting on "Superholding" company

FRIDAY, SEPTEMBER 25, 2015
Meeting on "Superholding" company

Deputy Prime Minister Somkid Jatusripitak today summoned key figures to a meeting, apparently to speed up the establishment of a holding company for 12 state enterprises.

Joining the meeting were Finance Minister Apisak Tantivorawong, State Enterprise Policy Office Director General Kulit Sombatsiri, Banyong Pongpanich - a member of the superboard, and Bank of Thailand Governor Prasarn Trairatvorakul. 
After the meeting, Apisak affirmed that they discussed the establishment of the superholding company. "Several procedures are underway," he said.
Kulit said in July that opinions from experts should be submitted to the Cabinet in August or early September.
The superholding company, likened to Singapore's Temasek's Holdings, is aimed at limiting political interference in corporatised state enterprises.