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Published on November 21, 2007

The Act was passed in 1961, without any amendments. Current amendments call for the establishment of a committee, chaired by the prime minister or a designated person. The committee is empowered to issue, suspend and revoke licences for the possession of nuclear material.

The committee will also govern nuclear power generators and the handling of radioactive waste. 

SET freezes scrip trading 

The Stock Exchange of Thailand reported that there has been an extraordinary increase in the price and trading value of Traffic Corner Holdings securities, due to high speculation between last Thursday and yesterday compared with previous periods, without any supporting material information.

To prevent such negative repercussions, securities companies are hereby prohibited from providing both net settlement trading and margin loans trading for the company's securities. This ban is effective  until next January 8.

Ministry sells tollway stake

The Finance Ministry will sell a 12.88-per-cent stake in the Don Muang Tollway to Babcock and Brown Toll Roads Holdings (Thailand) for Bt380.65 million. The deal is subject to Cabinet approval.

Finance Minister Chalong-phob Sussangkarn said the proceeds would be reserved for the ministry's future investment. After the transaction, the ministry's stake in the tollway company will fall to 25.1 per cent. After Don Muang Tollway's initial public offering early next year, its stake will be 21.34 per cent.

Chalongphop also said Esso (Thailand) would list on the exchange next year, in order to enjoy lower corporate taxes. The ministry also holds a stake in the oil-retailing business.

The Nation