Tongkha Harbour suspends operations in Loei
Tongkha Harbour, a listed mining company, will temporarily suspend the operations of its subsidiary Tungkum for 90 days due to a protest.
In a filing to the Stock Exchange of Thailand, the company said that the suspension would start from June 3.
It cited that since May 16, a group of protester who opposed the companyâ€™s mining at Tambol Khaoluang, in Loei has gathered and blocked the publicroad, creates obstructions and shut the entrance of the headquarters. Employees were blocked from entering the office while customers were also blocked from contacting the company.
"Under such circumstance, the company cannot operate normally. To avoid dangers and risks to our employees and customers, therefore, the
company has to temporarily suspend the operations," it said.