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Sovereign Wealth Funds Briefing - Categorized | Market

Thai telecom Shin shares up 18.7pct on stake sale hopes

Posted on 08 October 2009

From Reuters: Shares in Thailand’s Shin Corp jumped nearly 19 percent on Wednesday on expectations a plan by Singapore’s Temasek Holdings to sell its stake in the telecoms group would boost share liquidity.

Shin Corp Director Somprasong Boonyachai said the plan by several Thai firms to acquire shares, if it goes through, would be positive, a local newspaper quoted him as saying………………..Full Article: Source

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