The Finance Ministry plans to sell minority stakes in 10 companies this year as part of the government's asset management strategy. According to Tibordee Wattanakul, director-general of the State Enterprise Policy Office (Sepo), the plan to sell shares of companies in which the Finance Ministry holds stakes of less than 50%, both listed and unlisted, will continue this year. Sepo set a target to divest shares from its portfolio in about 10 companies this year. Sepo confirms this portfolio adjustment will enhance flexibility in state asset management and generate greater benefits than past fragmented shareholdings," said Mr Tibordee. These include minor stakes in companies such as True, worth only a few hundred thousand baht, or businesses in sunset industries, such as massage parlours acquired through asset seizures.
Source: Bangkok Post January 25, 2026 22:38 UTC