In today’s briefing:
- Soon-To-Be Cashed-Up Jasmine After Broadband Sale
Soon-To-Be Cashed-Up Jasmine After Broadband Sale
- Jasmine International (JAS TB) is in the home straight to sell its 99.8% interest in Triple T Broadband (TTTBB), and 19% stake in Jasmine Broadband Internet Infrastructure Fund (JASIF TB).
- With Bt 32.4bn in proceeds coming through the door, JAS would have net cash of ~Bt 24.8bn against a current market cap of ~Bt 24bn.
- This sounds like a situation worth a second look. So I look.
💡 Before it’s here, it’s on Smartkarma
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