Company reports
ADVANCED INFO SERVICE said it had appointed Koh Kah Sek, the representative director of SingTel Strategic Investments, to replace Hui Weng Cheong, who resigned from the position. The appointment is effective from this past Monday.
PTT EXPLORATION AND PRODUCTION said it had established a subsidiary -PTTEP Thai Projects - on January 12 to carry out petroleum exploration and production activities in Thailand.
SAMITIVEJ said Raymond Chong Chin Wah, who is currently the company's deputy managing director and chief operating officer, would be made managing director and chief executive officer on April 1.
THAI CANE PAPER reported an unaudited net profit of Bt16.91 million for last year, a sharp drop from the Bt218.44 million earned in 2005.
THORESEN THAI AGENCIES said its subsidiary Hermes Shipping had sold MV Hermes, a general cargo vessel, to Shasta Shipping for US$1.55 million (Bt55.6 million).
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