Advanced Info Services Public Company Limited (AIS)

The MOU was signed by Revez Corporation’s wholly-owned subsidiary Revez Motion and AIS’s subsidiary, Advanced Wireless Network Co.

As at 9.13am, shares in Singtel are trading 5 cents higher or 2.06% up at $2.48.

SINGAPORE (Aug 19): The near-term “value accretion” to Singapore Telecommunications from the $2.47 billion deal to buy stakes in the two largest telecom companies in Thailand and India from Temasek is marginal, says BNP Paribas.

SINGAPORE (Aug 18): Singtel has entered into conditional share purchase agreements with Temasek to acquire 21% of Intouch Holdings pcl and 7.39% of Bharti Telecom for a total consideration of $2.47 billion.