“Deputy Director of Thai PBS Reveals Status of ITV and Legal Action Against TCEB”

Deputy director of Thai PBS posted a Facebook summary of 7 issues regarding the status of coughing.TV Indicated that the business was closed since 2007, but had to maintain the status in order to sue with the TCEB.

From the case where a petition was submitted to the Election Commission of Thailand to investigate Mr. Pita Limcharoenrat, MP candidate and Prime Minister candidate of the Kaow Klai Party. that having a name as a shareholder of the CompanyTV Public Company Limited, 42,000 shares are considered prohibited in running for election or not. Such shares belong to the inheritance, he is the inheritance manager and he has already notified the NACC.

Most recently, yesterday (May 10), Mr. Anuphong Chaiyarit, Deputy Director of the Public Broadcasting Service of Thailand (Public Broadcasting Organization of Thailand) or Thai PBS in Operations and Technology. Has posted a message via personal Facebook Anupong Chaiyariti clarifying about the latest status of ITV by raising the 2022 annual report of ITV Public Company Limited stating that

1. Stop operating the ITV television station since 24.00 on March 7, 2007 due to the termination of the work contract by the Office of the Permanent Secretary, the Prime Minister’s Office.

2. The Stock Exchange of Thailand delisted ITV shares from trading since July 24, 2014.

3. Currently, the company is in the process of suing a legal dispute with the Office of the Permanent Secretary. Prime Minister’s Office As a result of the case where the arbitrator decided that

The termination of the contract by the TCEB is unlawful.

for the TCEB to pay damages in the amount of 2,890 million baht

3.1 Subsequently, the TCEB filed a lawsuit with the Administrative Court requesting the revocation of the arbitrator’s decision. which the Administrative Court issued an order dismissing the petition of the TCAO.

3.2 January 2021, TCEB filed an appeal against the order of the Central Administrative Court. to the Supreme Administrative Court The case is under consideration.

4. Fiscal Year 2022, ITV has investment income and interest income of 20.5 million baht (return from debt and equity instruments), net profit of 8.5 million baht.

5. ITV has one subsidiary, Artware Media Co., Ltd. Rental of radio and television production equipment television production Buy and sell copyrights of movies and television programs and other marketing activities The current status of the company is to cease operations.

6. The group of major shareholders who by behavior has influence over ITV’s current policy and operation is Intouch Holdings Public Company Limited.

7. Maintaining the juristic person status of ITV Co., Ltd. in order to take legal action against the TCEB (Author’s opinion)

Remark Item 7 is personal opinion / Item 1-6 is information from ITV’s 2022 annual report.