The Thai government does not intend to sell off its indirect holdings in Integrated Refinery and Petrochemical Complex (IRPC Plc) to Prachai Leophairatana. IRPC Plc was formerly known as Thai Petrochemical Industry, and Prachai Leophairatana, the company's former major shareholder had proposed a share buy-back at 3.30 baht each. IRPC is currently 31.5% owned by PTT Plc, the state-owned energy major. The Government Savings Bank holds 10% and the Government Pension Fund holds 8.6% in the company.
30-Nov-06 
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