[BANGKOK] Units of Singapore's sovereign fund Temasek - Aspen Holdings and Anderton Investments - launched an overnight block trade on Wednesday for 15.6 billion baht (S$700.6 million) or 8.02 per cent of its stakes in Thai telco company Intouch Holdings Pcl, according to a term sheet. Read more at The Business Times.
Units of Singapore's sovereign fund Temasek - Aspen Holdings and Anderton Investments - launched an overnight block trade on Wednesday for 15.6 billion baht or 8.02 per cent of its stakes in Thai telco company Intouch Holdings Pcl, according to a term sheet.[BANGKOK] Units of Singapore's sovereign fund Temasek - Aspen Holdings and Anderton Investments - launched an overnight block trade on Wednesday for 15.6 billion baht or 8.
Intouch owns stakes in Thailand's largest mobile phone network Advanced Info Service Pcl and satellite operator Thaicom Pcl. The deal, South-east Asia's largest block trade in 2019, sent Intouch shares down nearly 6 per cent on Thursday in Bangkok trading. Intouch shares, however, gained 27 per cent year-to-date against a benchmark rise of 3.55 per cent; its stock was priced at 60.75 baht on Thursday at a pre-close of 64.5 baht.
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