Opposition To Listing Alcohol Businesses On The Set

[Jai Dee]

Maj. Gen. Chamlong submits to PM a letter opposing listing of alcohol businesses in the stock exchange

Maj. Gen. Chamlong Srimuang (จำลอง ศรีเมือง) has submitted a letter to the prime minister, opposing the listing of liquors in the stock market.

Maj. Gen. Chamlong, on behalf of religious and anti-alcohol organizations, today handed the letter intended for Prime Minister Surayud Chulanont.

The veteran political figure claimed that listing of alcohol beverages into the Stock Exchange of Thailand would warrant negative effects to the Thai community, in the aspects of health, economy and morality.

He said such listing would also be against the government's policy, which place emphasis on ethics and sufficiency economy.

Source: Thai National News Bureau Public Relations Department - 08 December 2006

[womble]

Maj. Gen. Chamlong submits to PM a letter opposing listing of alcohol businesses in the stock exchange

Maj. Gen. Chamlong Srimuang (????? ????????) has submitted a letter to the prime minister, opposing the listing of liquors in the stock market.

Maj. Gen. Chamlong, on behalf of religious and anti-alcohol organizations, today handed the letter intended for Prime Minister Surayud Chulanont.

The veteran political figure claimed that listing of alcohol beverages into the Stock Exchange of Thailand would warrant negative effects to the Thai community, in the aspects of health, economy and morality.

He said such listing would also be against the government's policy, which place emphasis on ethics and sufficiency economy.

Source: Thai National News Bureau Public Relations Department - 08 December 2006

Utter Rubbish, it would have very positive effects on the economy, listing Thai beverage would have done wonders for the SET, it's well known that Thai Beverage is one of the most transparant companies in Thailand, listing on the SET would bring in foriegn investment and also raise the standard of the SET.

[Mid]

listed in Singapore already ??

[womble]

listed in Singapore already ??

Yes, Thailands loss is Singapores gain. Malaysia, Singapore, Vietnam, all countries benefiting from Thailands increasing uncompetitiveness. Thailand is falling behind and will IMHO fall further behind.

[jumnien]

Could it be that Chamlong is still resentful that Thai Beverage ownership supported the previously elected government instead of the presently selected fellowship?

[astral]

Maj. Gen. Chamlong submits to PM a letter opposing listing of alcohol businesses in the stock exchange

Where should they be listed, if they are public companies??

Maj. Gen. Chamlong Srimuang (จำลอง ศรีเมือง) has submitted a letter to the prime minister, opposing the listing of liquors in the stock market.

I think the reporter lost the plot here. Too much sampling of the products?

It is the companies that are listed, not the booze ....................

[wpcoe]

Perhaps in some convoluted way, listing on the SET would be akin to "alcohol advertising"? You know: list on the (stock) market, display in the (super) market? It would make about as much sense as that prominent government official who said open source software was a bad thing.