Thai Airways Could Return to Being State Run -- Market Talk

Dow Jones

10/16

0454 GMT - The chance that Thai Airways International may return to the Thai finance ministry's control turns UOB Kay Hian bearish on the stock. The Thai finance ministry nominated 10 candidates to replace three board directors who are soon to end their terms. Shareholders will vote on the matter at Thai Airways' annual general meeting, but the issue could be an overhang on the airline's shares in the meantime, say UOB KH's analysts in a note. "We fear that [Thai Airways] would revert to the state when strategic decisions were not in line with the airline business practice and operational performance was inefficient," they say. UOB KH downgrades its rating to hold from buy and lowers its target price to THB11.00 from THB17.00. Shares rise 2.0% to THB10.20.(megan.cheah@wsj.com)

(END) Dow Jones Newswires

October 16, 2025 00:54 ET (04:54 GMT)

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The Thai finance ministry nominated 10 candidates to replace three board directors who are soon to end their terms. Shareholders will vote on the matter at Thai Airways' annual general meeting, but the issue could be an overhang on the airline's shares in the meantime, say UOB KH's analysts in a note. \"We fear that [Thai Airways] would revert to the state when strategic decisions were not in line with the airline business practice and operational performance was inefficient,\" they say. UOB KH downgrades its rating to hold from buy and lowers its target price to THB11.00 from THB17.00. Shares rise 2.0% to THB10.20.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 16, 2025 00:54 ET (04:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Thai Airways Could Return to Being State Run -- Market Talk</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThai Airways Could Return to Being State Run -- Market Talk\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-10-16 12:54</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n     0454 GMT - The chance that <a href=\"https://laohu8.com/S/TAWNF\">Thai Airways</a> International may return to the Thai finance ministry's control turns UOB Kay Hian bearish on the stock. The Thai finance ministry nominated 10 candidates to replace three board directors who are soon to end their terms. Shareholders will vote on the matter at Thai Airways' annual general meeting, but the issue could be an overhang on the airline's shares in the meantime, say UOB KH's analysts in a note. \"We fear that [Thai Airways] would revert to the state when strategic decisions were not in line with the airline business practice and operational performance was inefficient,\" they say. UOB KH downgrades its rating to hold from buy and lowers its target price to THB11.00 from THB17.00. Shares rise 2.0% to THB10.20.(megan.cheah@wsj.com) \n</p>\n<pre style=\"white-space: pre\">\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  October 16, 2025 00:54 ET (04:54 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999004220.SGD","symbol_name":"Nikko AM Shenton Asia Dividend Equity Fund  SGD","start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2575795767","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2575795767","pubTimestamp":1760590440,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"0454 GMT - The chance that Thai Airways International may return to the Thai finance ministry's control turns UOB Kay Hian bearish on the stock. The Thai finance ministry nominated 10 candidates to replace three board directors who are soon to end their terms. Shareholders will vote on the matter at Thai Airways' annual general meeting, but the issue could be an overhang on the airline's shares in the meantime, say UOB KH's analysts in a note. \"We fear that [Thai Airways] would revert to the state when strategic decisions were not in line with the airline business practice and operational performance was inefficient,\" they say. UOB KH downgrades its rating to hold from buy and lowers its target price to THB11.00 from THB17.00. 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The Thai finance ministry nominated 10 candidates to replace three board directors who are soon to end their terms. Shareholders will vote on the matter at Thai Airways' annual general meeting, but the issue could be an overhang on the airline's shares in the meantime, say UOB KH's analysts in a note. \"We fear that [Thai Airways] would revert to the state when strategic decisions were not in line with the airline business practice and operational performance was inefficient,\" they say. UOB KH downgrades its rating to hold from buy and lowers its target price to THB11.00 from THB17.00. Shares rise 2.0% to THB10.20.(megan.cheah@wsj.com) \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  October 16, 2025 00:54 ET (04:54 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}