BANGKOK (Reuters) - A Thai court agreed on Thursday to hear a petition to revoke the licences of three Shin Corp. affiliates over alleged violation of foreign ownership laws following Shin's $3.8 billion sale to Singapore's Temasek.
The Supreme Administrative Court overturned a lower court's rejection of the case filed against state agencies in March by a law professor after relatives of ousted Prime Minister Thaksin Shinawatra sold their Shin stakes to Temasek in January.
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