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MarketScreener Homepage  >  Equities  >  Stock Exchange of Thailand  >  True Corporation    TRUE   TH0375010Z06

TRUE CORPORATION

(TRUE)
  Report
End-of-day quote. End-of-day quote Stock Exchange of Thailand - 01/15
3.44 THB   -0.58%
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True Public : Notification on Establishment of a New Subsidiary

08/26/2020 | 06:21am EST

(Translation)

Ref: TRUE-SEC 026/2563

26th August 2020

The President of the Stock Exchange of Thailand

The Stock Exchange of Thailand

Subject: Notification on Establishment of a New Subsidiary

True Corporation Public Company Limited (the "Company") would like to notify that True Digital Group Company Limited ("TDG"), a wholly-owned subsidiary of the Company Group, has established a new subsidiary in the Socialist Republic of Vietnam, details of which are as follows;

Name of company

: True Digital Vietnam Joint Stock Company

Type of business

: Data Analytics and Digital Solutions (Internet of Things "IoT")

Registered and paid-up capital

: Vietnam Dong VND 4,649,600,000

divided into 464,960 ordinary shares

at a par value of Vietnam Dong 10,000 each

Shareholder structure

: TDG holds 464,950 shares, representing 99.998 %

of total issued shares

Total investment

: Vietnam Dong VND 4,649,600,000 or approximately

Baht 6,323,456

(calculated from the Bank of Thailand's exchange rate

as at 24th August 2020, 1 VND = 0.00136 Baht)

Source of fund

: Working capital of TDG

This transaction is not regarded as a connected transaction and a transaction size is not considered as a major acquisition of assets according to the regulations of the Capital Market Supervisory Board and the Stock Exchange of Thailand.

Please be informed accordingly.

Respectfully yours,

- Signature-

Ms. Yupa Leewongcharoen

Group Chief Financial Officer

This is an excerpt of the original content. To continue reading it, access the original document here.

Disclaimer

True Corporation pcl published this content on 26 August 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 August 2020 10:21:10 UTC


© Publicnow 2020
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Sales 2020 138 B 4 594 M 4 594 M
Net income 2020 373 M 12,4 M 12,4 M
Net Debt 2020 220 B 7 305 M 7 305 M
P/E ratio 2020 -500x
Yield 2020 0,31%
Capitalization 115 B 3 818 M 3 815 M
EV / Sales 2020 2,42x
EV / Sales 2021 2,39x
Nbr of Employees -
Free-Float 47,8%
Chart TRUE CORPORATION
Duration : Period :
True Corporation Technical Analysis Chart | TRUE | TH0375010Z06 | MarketScreener
Technical analysis trends TRUE CORPORATION
Short TermMid-TermLong Term
TrendsNeutralBullishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 21
Average target price 3,26 THB
Last Close Price 3,44 THB
Spread / Highest target 57,0%
Spread / Average Target -5,31%
Spread / Lowest Target -47,7%
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Suphachai Chearavanont Chief Executive Officer & Director
Anat Mekpaiboonvatana Co-President
Sarit Jinnasith Co-President
Dhanin Chearavanont Chairman
Vichaow Rakphongphairoj Group COO, Director & Head-Network Quality
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