$

TRUE

True Corporation PCL
TRUE.BK
Last Price
6.55
09:38 GMT / 17 JUL 2019
Value Change [%]
0.15
[(2.34%)]
Volume
215,979,200
Open
6.35
Day's High
6.55
Year's High
6.85
Previous Close
6.40
Day's Low
6.30
Year's Low
4.50
Earnings Per Share
0.27
P/E Ratio
23.92
Lot Size
100
Div. Yield (%)
1.41
Dividend
0.09
Div. Pay Date
29 MAY 2019
Ex-Div. Date
14 MAR 2019
Last Trade
6.55
Last Trade Time (GMT)
09:38
Last Trade 2
6.50
Last Trade 3
6.45
Volume
215,979,200
Turnover
1,384,902
Bid
6.50
Bid Size
1,432,300
Ask
6.55
Ask Size
3,742,000
Close Bid
6.50
Close Ask
6.55
aseanexchanges
@aseanexchanges

True Corporation Public Company Limited is a Thailand-based integrated communications solutions provider. The Company facilitates subscriber lifestyles through the convergence of fixed-line and mobile, pay television, data, content and e-commerce services. The Company's businesses have been organized into following categories: True online, which operates online businesses consisting of fixed-line phone and value-added services (VAS), business data services, broadband Internet services, wireless fidelity (WiFi), WE PCT (Personal Communication Telephone) plus the lifestyle venture, True Coffee; True Mobile, comprising TrueMove, TrueMove H; TrueVisions, which covers pay television business; and Convergence and other businesses, which include a retail business for True Group’s bundled packages, e-commerce under TrueMoney and digital content under TrueLife. On November 5, 2013, it dissolved a subsidiary company, namely TA Orient Telecom Investment Company Limited.

  • Market News
Thai airport rail contract deadline extended in row over risk
9 October 2019
source: reuters.com
    By Panarat Thepgumpanat and Chayut Setboonsarng
    BANGKOK, Oct 9 (Reuters) - Thailand will give Charoen
Pokphand Group and its partners 10 more days to sign a contract
for a 225 billion baht ($7.43 billion) high-speed railway
linking three airports, an official said, amid a row over land
transfers and the burden of risk. 
    The railway will connect Thailand’s main Suvarnabhumi
airport in Bangkok to Don Muang and U-Tapao airports in the
east, one of five major public-private partnerships aimed at
boosting infrastructure on the eastern seaboard.
    "The signing date was moved (from Oct. 15) to Oct. 25
because there are concerns over land transfers," the acting
governor of the State Rail of Thailand, Worawut Mala, told
Reuters.
    "The transfer of land is an issue I'm concerned about
because it could impact the reputation of the SRT. We have to do
it properly."
    The delay has exposed a rift between new Deputy Prime
Minister Anutin Charnvirakul and CP Group, Thailand's largest
private company and one of its most powerful conglomerates.
    CP Group and its partners won the bid for the project in May
this year - bidding some 60 billion baht (nearly $2 billion)
less than the next-lowest competitor - and have been in
negotiations with the government since.  urn:newsml:reuters.com:*:nL4N22P1IB
    Last week, Anutin set an Oct. 15 deadline for signing the
contract and said CP and its partners would be blacklisted from
government projects if it was not met.  urn:newsml:reuters.com:*:nL3N26O19X 
    Comments by CP's senior chairman, Dhanin Chearavanont, over
the weekend indicated further disputes about how much risk the
conglomerate should take on.
    "It is a public private partnership - so a private company
should not take risk while the government does not," Dhanin
said, adding the government had to take its share of
responsibility.
    "If there is risk, both have to risk and fail together," he
said at a book-signing event.
    He did not elaborate on details of the contract dispute.
    On Wednesday, Anutin also expressed frustration at the
contract negotiations.
    "Who is trying to take advantage of the government? Who is
trying to avoid following the auction results?" he wrote on
Facebook. 
    "Who exactly is trying to ask the government to be lenient
for personal gains?" he added.
     Anutin told reporters the new deadline should be enough to
get the contract signed.
    "But if by Oct 25 they do not come, there will be procedures
for that," Anutin said.
    Telecommunications firm True Corporation Pcl  TRUE.BK , a CP
Group company, bids for spectrum at government auctions. CP's
other partners, including Italian Thai Development Pcl  ITD.BK 
and CH Karnchang Pcl  CK.BK , bids on government construction
projects. 

($1 = 30.3000 baht)

 (Additional reporting by Panu Wongcha-um; Editing by Nick
Macfie)
 ((chayut.setboonsarng@tr.com; +66854849033;))
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