source: https://thefinance.sg/2024/08/26/singtels-associate-intouch-to-merge-with-gulf-energy-whats-the-impact/
Singtel’s associate Intouch to merge with Gulf Energy. What’s the impact?
Summary Proposed restructuring of AIS’ largest shareholder. Intouch, AIS’ largest shareholder, has proposed a merger with Gulf Energy (Gulf) via a share swap. A new listed entity (NewCo) will be formed to take over the assets of Intouch and Gulf Energy and simplify AIS’ shareholding structure. According to the management of Gulf Energy, the transaction […]
