It also announced its acquisition of a 19% stake equivalent to 1.52 billion units of JASIF for THB12.92 billion, valued at 8.50 baht per unit.
Advanced Info Service (AIS), Singtel's Thai associate, has announced several updates to the acquisition of Triple T Broadband (TTT) and Jasmine Broadband Internet Infrastructure Fund (JASIF).
On July 4, AIS announced it would acquire approximately 7.53 billion shares representing 99.87% of total paid-up shares of TTT from Jasmine International (JAS) subsidiary Acumen Company via AIS’ 99.99%-held subsidiary Advanced Wireless Network (AWN) for a consideration of THB19.5 billion ($725 million).
