Thailand’s Finance Ministry plans to propose to the cabinet in December the sale of both listed and unlisted shares it holds in over 100 enterprises where its stake is less than 50%, aiming to maximize management and benefits. The number of companies in which the ministry holds stakes would be reduced from 133 to around 20, according to finance permanent secretary Lavaron Sangsnit, chairman of the Committee on State Securities Management and Development. The shares targeted for sale are those where the ministry holds small stakes of about 5-10%, often acquired through legal circumstances or from stock market listings, and which no longer yield returns.