brain150

It is truly amzing how much people talk (or write) without having any clue what the whole thing is about.

How does anybody know he built on public land and knowing it (maybe he was a victim to a fake land transfer himself ?)? Maybe the fake was before he got involved ? Maybe he was just stupid ? Maybe other people are investigated ? Maybe the media just knows a small piece of what is really happening (happens quite many times) ? What about the Lawyers and officials ? Maybe the whole thing is more complicated and much bigger than many might think ?

... still everybody makes his own story out of it ... truly wonderful. Not really funny but obviously many people in here miss the yellow press from europe and try to create their own in here.

Thai government will limit foreign investors to holding no more than 50 per cent of the shares or the voting rights in companies here under legal changes approved Tuesday, Finance Minister Pridiyathorn Devakula said.

I really wonder who is going to pick up 50% of the shares in Coca Cola Company Thailand Co. Ltd. after this. Or 50% of IBM, or Jotun, or, or... -?

/ henningj

As I understand, none of the major foreign players is affected by the new regulations as they all probably do have a proper set up for foreign investmentship in Thailand.

In general it would be quite usefull for everybody to stick to what is KNOWN by now more than speculationg what PERHAPS might be ... if you read the details then there are quite some limitations on who is really affected by the new regulation and who is liable to reorganize the shareholder-structure of his company.

Basicly it can be said that the new regulations just try to bring allready existing law back in order (which was turned arround by "smart" lawyers who turned the existing law just upside down).

It might be said that rightnow the information is very vague and there is a huge overreaction like allways.

Surely it´s not very smart to make a policy of changing regulations up and down on a fairly regular basis, but yet again - the regulations are not even finished yet, neither are they active law yet.

Still it´s very disturbing and somehow quite typical for the current political circumstances in Thailand.

just take your phone and call there ... usually it´s the most easy thing to communicate.

(and it´s the safest and cheapest way to get a correct answer)