tiprankstipranks
Singtel Participates in Major Restructuring Deal
Company Announcements

Singtel Participates in Major Restructuring Deal

Singtel (SG:Z74) has released an update.

Don't Miss our Black Friday Offers:

Singtel Strategic Investments Pte. Ltd., alongside major shareholders of Gulf Energy Development and Intouch Holdings, has announced a conditional voluntary tender offer for all shares of Advanced Info Services at THB 216.3 per share. The move is part of a broader restructuring transaction aimed at amalgamating Gulf and Intouch, with the goal of the newly formed company avoiding the need for a subsequent tender offer post-restructuring. Shareholders have been urged to review further details in the information memorandums already disclosed to the Stock Exchange of Thailand.

For further insights into SG:Z74 stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Singapore Auto-Generated NewsdeskSingtel Revamps Leadership to Boost Growth Strategy
Carrie WilliamsSingtel (SNGNF) Unveils Dividend Details for Q4: Mark Your Calendar!
Catie PowersSingtel (SNGNF) Reveals Q4 Dividend: Here’s the Essential Information
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App