BTS shares drop, BRT future uncertain after Chadchart victoryBTS shares dropped on Monday due to concerns about the policy of incoming Bangkok Governor Chadchart Sittipunt on the Green Line concession. Analysts said BTS share prices came under pressure because of the former transport minister's pre-election comments on the future of the Green Line. The Green Line, including both the Silom and Sukhumvit lines, is operated by BTS on a 30-year concession signed with the Bangkok Metropolitan Administration (BMA). The Green Line is not the only mass transit line on the watchlist of the incoming governor. Mr Chadchart has made clear that the future of the loss-ridden BRT is in his sights.

Source: Bangkok Post May 23, 2022 14:28 UTC