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BTS asked to cease publicity on debt settlement by Krungthep Thanakom

BTS asked to cease publicity on debt settlement by Krungthep Thanakom

13 Sept 11:06 Key points summarised by AI
  • Krungthep Thanakom has urged BTS to cease its continuous public advertising demanding a 40 billion baht debt settlement for Green Line operations, maintenance, and system installations.
  • Krungthep Thanakom's president, Dr. Prasaeng Mongkolsiri, states that BTS's publicity may mislead the public, influence investors, and potentially harm their bilateral business relationship.
  • While the Administrative Court initially ruled in favor of BTS, ordering payment, Krungthep Thanakom has appealed the verdict to the Supreme Administrative Court, with the case currently pending.
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Economy 1/2
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