Daily BriefsThailand

Thailand: True Corp Pcl and more

In today’s briefing:

  • True/DTAC: Merger Delays As NBTC Board Revamped

True/DTAC: Merger Delays As NBTC Board Revamped

By David Blennerhassett

  • The newly appointed board of Thailand’s NBTC has set up four subcommittees to study the planned merger of True Corp Pcl (TRUE TB)and Total Access Communication (DTAC TB).
  • Previously NBTC was expected to conclude its vetting by the 15 May. That is now unlikely to occur. 
  • In letters to the NBTC, True insisted the DTAC merger must not be delayed from the expected mid-June completion timetable. NBTC is, appropriately, investigating the merger on its own terms.

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