Singtel raises 24.99% Stake in Thailand’s Intouch

Singtel recently announced a stake in Thailand’s telco, Intouch Holdings, which has jumped from 21.21% to 24.99%, following its acquisition of 121 million shares from Temasek’s Anderton Investments for S$330 million. Industry sources assessed and stated that even before Singtel’s surge in stake, it had already been one of Intouch’s two largest shareholders alongside Gulf […]