During the East Asian financial crisis of 1997, the station faced heavy financial loss. In addition, high concession fees (approximately US$708 million to be paid over 25 years) threatened to close the station. In 2000, iTV lost 775 million THB (US$18 million). The Democrat government worried that if iTV collapsed, shareholders like Siam Commercial Bank and the Crown Property Bureau would be adversely affected. So in order to attract outside capital, Prime Minister Chuan Leekpai lifted the 10% limit on share ownership in the station. Shin Corporation, owned by future Thai Prime Minister Thaksin Shinawatra, purchased a large portion of the company's shares for US$60 million, considered a high price for the ailing company.