Business Development Dept. confirms iTV still “operational”

[snoop1130]

 

The Business Development Department (BDD) has explained that the status of iTV Public Company is “currently operational”, which has no legal definition, but means that it is a corporate entity which was registered in accordance with the Public Company Act.

 

The company has not changed its status, such as entering receivership, going bankrupt, delisting from the system or registering for termination of operations, said BDD Director-General Thosapone Dansuputra today (Friday).

 

The status does not indicate whether that the company is or is not engaged in business activities. If it is engaged in any business activities, the information will show up in the financial statement, said the BDD chief, as he attempted to explain the legal status of iTV, especially regarding its financial statements, in the wake of the latest controversy about whether iTV is still a media company.

 

Full Story: https://www.thaipbsworld.com/business-development-dept-confirms-itv-still-operational/

 

-- © Copyright Thai PBS 2023-06-16

 

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[ikke1959]

and what about no shares on stock exchange anymore, no broadcasting for years, It is a set up to remove Pita

[dinsdale]

3 hours ago, snoop1130 said:

The status does not indicate whether that the company is or is not engaged in business activities.

So is it a functioning media company?  This is just some Thais having their nose put out of place and as most on this forum know they don't like that. Time to grow up Thailand and the time is here. You dinasaurs your time of corrupt power has come to and end. GET OUT!

[hotchilli]

13 hours ago, snoop1130 said:

The Business Development Department (BDD) has explained that the status of iTV Public Company is “currently operational”, which has no legal definition,

But may be construed as working and therefore able to make Pita illegal to run for PM?

Twist anything to get what they want.

[herfiehandbag]

"Business Development Dept. confirms iTV still “operational”.

 

Now is the time for all good men to rally to the cause...

[zzaa09]

1 hour ago, hotchilli said:

But may be construed as working and therefore able to make Pita illegal to run for PM?

Twist anything to get what they want.

They're the darlings of the twist and very good at what they do.

[Misty]

15 hours ago, snoop1130 said:

If it is engaged in any business activities, the information will show up in the financial statement, said the BDD chief, as he attempted to explain the legal status of iTV, especially regarding its financial statements, in the wake of the latest controversy about whether iTV is still a media company.

Should be simple enough to get hold of the company's financial statements.  Presumably audited financial statements are still filed each year.  Does the company have any operational revenue?

[kennw]

12 hours ago, ikke1959 said:

and what about no shares on stock exchange anymore, no broadcasting for years, It is a set up to remove Pita

Strange how reports about Pita can be released but those about Prawit's concluded watch case cannot.