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Gulf boosts holding in INTUCH

Gulf boosts holding in INTUCH

THURSDAY, February 04, 2021
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Gulf Energy Development (Gulf) has acquired an additional 1.14 million shares to increase its stake in Intouch Holdings (INTUCH) to 15 per cent from 10 per cent, the Stock Exchange of Thailand (SET) reported on Thursday.

After the acquisition of these shares on January 28, Gulf’s holding in INTUCH rose to 480.97 million shares.

Yupapin Wangviwat, Gulf's chief financial officer, said this move was in line with the board of director’s resolution.