SUBSCRIBERS
Singtel, Temasek decline comment on Thai deal report
Published Tue, Aug 16, 2016 · 09:50 PM
Singapore
BOTH Singapore Telecommunications (Singtel) and Temasek Holdings on Tuesday refused to comment on a media report that a deal was in the offing for Temasek to sell a portion of its US$2.4 billion stake in Thailand's Intouch Holdings PCL, which translates to about 41 per cent of the total shareholding of the Thai company.
The Wall Street Journal on Tuesday reported that Singtel had revived talks to purchase a portion of …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Wilmar appoints former minister George Yeo as independent non-executive director
UOB Kay Hian says ‘disadvantageous’ to reveal details of key management’s remuneration
Deutsche Bank has cut dozens in Asia private banking overhaul
Middle East violence heightens market fears of rate hikes, inflation
Tokyo's Nikkei drops more than 1,000 points, most in 3 years
Cordlife calls for trading halt after shares sink to all-time low, pending announcement