The State Enterprise Policy Office (Sepo) is set to divest its stakes in 24 companies that do not operate in the government's strategic industries in the second half next year. The stakes would be put on sale in the second half of 2018, said Ekniti Nitithanprapas, Sepo director-general. The 24 companies' securities had been foreclosed to state assets and they are not engaged in businesses that are in line with the ministry's policies, he said. "We must consider how much value we can obtain from the sale of each of the 24 companies, and what is the appropriate disposal method. Another source at Sepo said the 24 securities had been seized from politicians and those found guilty of money laundering.

Source: Bangkok Post November 12, 2017 22:07 UTC