Star in the Sky
03-03

$Singtel(Z74.SI)$  

Singtel announced that its shareholding in AIS remains unchanged at 23.32% and provided an update on the proposed amalgamation of Intouch and Gulf, scheduled for completion on 1 April 2025.

The newly formed entity, Gulf Development Public Company Limited, will begin trading on the Stock Exchange of Thailand on 3 April 2025. Singtel has not yet decided on its stake in Gulf but remains committed to being a long-term investor in Thailand, aiming to support AIS’s growth and maintain its leading position in the telecommunications sector.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment
4