The request was made by Gulf Energy to request to waive the obligation to make another tender offer for AIS, following the offer made to acquire all shares in Intouch Holdings, another Singtel subsidiary.
Photo: Bloomberg
Singapore Telecommunications’ (Singtel) Thai associate, Advanced Info Service Public Company (AIS), has announced, on May 31, that Gulf Energy Development will commence a voluntary tender offer for all securities in AIS should all waivers be granted by the Securities and Exchange Commission (SEC) in Thailand.
