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Sovereign Wealth Funds Briefing - Categorized | Performance

Thai Shin Corp has Q4 loss, mobile business weak

Posted on 24 February 2009

From Alibaba.com: Shin Corp, controlled by Singapore’s Temasek Holdings, reported a quarterly net loss due to lower profits at its mobile phone unit and a loss made by its satellite business.

Shin Corp, Thailand’s leading telecoms group, reported an October-December net loss of 342 million baht ($10 million), compared with a net profit of 730 million baht a year earlier….. Full Article: Source


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