The Organisation for Economic Co-operation and Development (OECD) has recommended the State Enterprise Policy Office (Sepo) amend relevant legislation and introduce a Golden Share mechanism, granting the government the authority to veto decisions by state-owned enterprises that could affect national security, even if it no longer holds a majority stake.
According to Tibordee Wattanakul, director-general of Sepo, the OECD proposed amending relevant legislation to expand Sepo's powers and responsibilities, enabling it to play a more proactive role as a shareholder in state-owned enterprises.
