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SEPO Denies MCOT and Thai PBS Merger Rumors

SEPO Denies MCOT and Thai PBS Merger Rumors

Matichon•Economy•16m ago

Reader Briefing

The State Enterprise Policy Office denied reports regarding a potential merger between MCOT and Thai PBS.

  • •Thibadee Wattanakul, Director of SEPO, clarified that reports of a merger between MCOT and Thai PBS are untrue.
  • •SEPO is currently considering restructuring guidelines for eight state enterprises, including MCOT.
  • •MCOT is facing intense competition in the media and digital television industry.
  • •Proposed restructuring for MCOT includes management adjustments via a new board and seeking business partners.

Overview

  • •Thibadee Wattanakul stated that he never spoke or gave interviews regarding the merger of MCOT and Thai PBS.
  • •Thibadee Wattanakul explained that such a merger is difficult in principle and due to legal obstacles.
  • •Reports had circulated that the Ministry of Finance might reduce its shareholding in MCOT and merge it with Thai PBS if no new private shareholders were found within 6 months.
  • •SEPO is preparing to propose the State Enterprise Policy Committee to review the roles of eight state enterprises.
  • •The review for the eight state enterprises includes options such as liquidation, mergers, or reducing state shareholding to below 50%.
  • •MCOT is one of the state enterprises currently undergoing consideration for structural adjustment.
  • •MCOT needs to restructure to increase operational efficiency due to intense competition in the media and digital television industry.
  • •Preliminary guidelines for MCOT focus on administrative restructuring through a new board and seeking expert business partners to restore performance.

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Source: Matichon (Original)

Key Quotes

Thibadee Wattanakul
"It is not true at all what the media is saying. I do not know where they got it from because I have never spoken or given an interview on this issue."
ไม่จริงเลยครับ ที่สื่อเอาไปพูด ผมไม่ทราบว่าเขาเอามาจากไหน เพราะผมเองไม่เคยพูด และไม่เคยให้สัมภาษณ์ในประเด็นนี้

Key Entities

Organization

State Enterprise Policy Office(สำนักงานคณะกรรมการนโยบายรัฐวิสาหกิจ)ℹ️
The organization whose director denied rumors of a merger between MCOT and Thai PBS.
MCOT Public Company Limited(บริษัท อสมท จำกัด (มหาชน))ℹ️
A state enterprise facing intense media competition and currently under restructuring consideration.
Thai Public Broadcasting Service(องค์การกระจายเสียงและแพร่ภาพสาธารณะแห่งประเทศไทย)ℹ️
Also known as Thai PBS, the entity rumored to be merged with MCOT.
Ministry of Finance(กระทรวงการคลัง)ℹ️
The ministry mentioned in reports as preparing to reduce shareholding in MCOT.
State Enterprise Policy Committee(คณะกรรมการนโยบายรัฐวิสาหกิจ)
The committee SEPO intends to propose a review of eight state enterprises to.

Person

Thibadee Wattanakul(ธิบดี วัฒนกุล)
The Director of the State Enterprise Policy Office.