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MCOT CHAIRMAN, |TWO OTHERS RESIGN



To pave the way for replacements by junta appointees, the MCOT chairman and two board members resigned yesterday.

The state media enterprise's board approved the resignations of chairman Sutham Saengpratoom and vice-chairman Tongthong Chandransu, effective today, while Chakraphan Yomchinda, the second vice president, stepped down with immediate effect.

MCOT appointed Kamalasiri Isarankura na Ayudhya, who currently serves executive vice president, as acting president, replacing outgoing acting president Jessada Promjart. Jessada tendered his resignation from his position as chief financial officer on May 19 and it became effective yesterday.

Their resignations are believed to create vacancies for appointees of the country's ruling junta to examine controversial issues, including the procurement of equipment for digital television.

PTT IN FORBES' TOP 500

PTT is listed as 180th on Forbes' latest global list of the top 2,000 major corporations, the only Thai corporation among the magazine's Top 500, said the energy giant's president and chief executive officer, Pailin Chuchottaworn.

Forbes ranked major publicly listed firms worldwide based on their 2013 operational results, covering financial strength, sales revenue, profit, assets and market values.

This latest ranking reflects that PTT has received recognition and acceptance on the international arena, as well as foreign investors' confidence in its operations, the company said.

In addition, two companies affiliated to the PTT Group, PTT Global Chemical and Thai Oil, were listed on the Forbes Global 2000 list at 687 and 1,587 respectively.


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