In today’s briefing:
- Jasmine International: Last Minute Wrinkle To Broadband Sale
Jasmine International: Last Minute Wrinkle To Broadband Sale
- Jasmine International (JAS TB) is looking to sell its 99.8% interest in Triple T Broadband (TTTBB), and 19% stake in Jasmine Broadband (JASIF TB) to Advanced Info Service (ADVANC TB).
- The sale required JASIF shareholder approval, but not all resolutions were approved at an EGM this week.
- This is a setback. However, the transaction remains on track.
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