The Thai government is proposing to buy Thaicom Plc from Singapore-based Temasek Holdings to avoid future conflicts stemming from the use of the company's satellites to air anti-government broadcasts, according to an industry source.Finance Minister Korn Chatikavanij and Sirichok Sopha, the prime minister's secretary, flew to Singapore in mid-April as political protests were escalating to meet Temasek executives with two proposals, said the source, who asked not to be named.
Mr Korn reportedly asked Temasek, as the major shareholder of Thaicom parent Shin Corp, to co-operate with the Thai government to stop the red-shirt protesters' People Channel (PTV) from broadcasting inappropriate programmes via Thaicom. Full Story
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