Jas deposit to be forfeited

WEDNESDAY, MARCH 23, 2016
Jas deposit to be forfeited

National Broadcasting and Telecommunications Commission resolved today to forfeit Jasmine International's Bt644 million deposit.

Secretary-General Takorn Tantasith revealed after the meeting that NBTC also resolved to hold a new auction for the licence, setting the starting price at Bt75.65 billion - the price quoted by Jas in the December auction.
Jas this week failed to submit the first instalment for the licence fee, worth Bt8 billion, to the NBTC.