Tuesday, August 04, 2020

True Digital Group sets up subsidiary in Indonesia

Dec 09. 2019
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By THE NATION

True Corporation’s wholly owned subsidiary True Digital Group (TDG) has established a new, wholly owned subsidiary, PT True Digital Indonesia in the Asean country.

The company will operate a Web portal and/or digital platform for commercial purposes, according to its filing to the Stock Exchange of Thailand on Monday (December 9).

The firm has invested 24.99 billion rupiah, or approximately Bt57.18 million (calculated according to the Bank of Thailand’s exchange rate on December 6). The source of funds is from TDG’s working capital.

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