Photo: Bloomberg
Singapore Telecommunications’ (Singtel) Thai associate, Advanced Info Service Public Company (AIS), has announced, on May 31, that Gulf Energy Development will commence a voluntary tender offer for all securities in AIS should all waivers be granted by the Securities and Exchange Commission (SEC) in Thailand.
The request was made by Gulf Energy to request to waive the obligation to make another tender offer for AIS, following the offer made to acquire all shares in Intouch Holdings, another Singtel subsidiary.
For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
