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HISTORICAL FACTS: True corporation - The Untold Story

The Securities and Exchange Commission (SEC) is considering reviewing its shareholder disclosure framework to strengthen investor confidence and avoid a repeat of the recent incorrect self-declared reporting that involved True Corporation.

Bangkok Post

SEC filings need review

Confidence in Thailand's capital market has been shaken again after the name of an obscure individual, Supaporn Phimpong, appeared in Securities and Exchange Commission (SEC) filings as the reported owner of a 7% stake in True Corporation. True executives said they were unaware of such a shareholder.

Bangkok Post

Thai regulator tracks mystery investor in blue-chip companies

The ⁠Securities and Exchange ⁠Commission (SEC) says it is investigating filing documentation for share purchases in six Thai companies since 2021 by a mystery investor who last week reported acquiring a 7% stake worth 32 billion baht in True Corporation.

Bangkok Post

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Ascend Bank aims for July launch

Ascend Bank, the virtual bank backed by Charoen Pokphand (CP) Group, is expected to debut in July, says Suphachai Chearavanont, senior vice-chairman of CP Group and board chairman of True Corporation.

Bangkok Post

NBTC hints at withdrawal of AIS lawsuit

Some commissioners on the National Broadcasting and Telecommunications Commission (NBTC) have sent signals to Advanced Info Service (AIS) to withdraw its lawsuit against the NBTC board's resolution last year acknowledging the merger of True Corporation and Total Access Communication (DTAC), says an NBTC source who requested anonymity.

Bangkok Post

True launches e-waste recycling programme

True Corporation aims to tackle e-waste through the "e-Waste TinkTookTee DTorJai" project, to provide a way to recycle used smartphones, mobile phones, accessories or electrical devices at 154 branches of True Shop, TrueSphere and Dtac outlets nationwide.

Bangkok Post

True sets out strategies for post-merger expansion

True Corporation is flexing its muscles by bolstering brand perception for all consumers' lifestyles through five strategies, amid intensifying competition in the market.

Bangkok Post

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True X targets 1m adopters by year-end

True Corporation has rolled out True X, a new all-in-one mobile application ideally suited to serve consumers' daily lifestyle habits.

Bangkok Post

SE Asia telecom mergers revolutionise industry: Indosat’s success story

The telecom industry in Southeast Asia is experiencing a dynamic transformation following the merger of the region’s leading telecom operators. This consolidation is designed to improve the competitiveness and capabilities of the telecom operators by leveraging their resources to gain efficiency while building customer value.

Bangkok Post

True opens 5G hub at Siam Discovery

True Corporation, in collaboration with Kantana Group and Siam Piwat, has launched a huge digital community called True 5G Pro Hub to appeal to the lifestyles and interests of young consumers.

Bangkok Post

Reformed True gains on SET debut

The new company formed by the merger of True Corporation and Total Access Communication (DTAC) debuted on the Stock Exchange of Thailand (SET) yesterday.

Bangkok Post

'New' True shares up slightly on debut

Shares of True Corporation Plc, the new entity created through the merger of the country’s second- and third-biggest telecom operators, rose slightly on their trading debut on Friday on the Stock Exchange of Thailand.

Bangkok Post

Telenor Asia anticipates $2.5bn gain via synergy

Telenor Asia expects gains worth up to US$2.5 billion from synergy over the next three years from the mergers of True Corporation and Total Access Communication (DTAC) in Thailand and Celcom and Digi in Malaysia.

Bangkok Post

True offers privileges to celebrate merger

True Corporation, the new company formed by the merger of True and Total Access Communication (DTAC), has vowed that customers of both brands will automatically receive cross-company privileges and other benefits from the tie-up.

Bangkok Post

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Bangkok Post

True unveils 'UP2U' internet package

True Corporation, the country's second-largest mobile operator by subscribers, has launched a new internet package with privileges through collaboration with several brands, aiming to increase average revenue per user (ARPU) for pre-paid from 110 baht a month to 200 baht.

Bangkok Post

New details on shape of telecom giant

Merger details unveiled in the final lap of the planned amalgamation of True Corporation and Total Access Communication (DTAC) suggest DTAC's parent, the Norwegian firm Telenor, may want to serve as a passive or strategic investor rather than run the day-to-day operations of the new firm -- a sign of…

Bangkok Post

Merged True-DTAC to be called True Corp

The boards of the telecom operators True Corporation and Total Access Communication (DTAC) have agreed to call their merged company True Corporation.

Bangkok Post

Mergers shake up the landscape

Amid economic challenges and rapid changes in various sectors, the strategic approach of mergers and acquisitions (M&A) was used to help businesses stay afloat and elevate their competitiveness, in addition to partnership agreements.

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Bangkok Post

Rolling with the punches

This year has been packed with events that highlighted both progress and setbacks — unavoidable realities in the world of business. The year posed challenges for the government and businesses seeking new opportunities post-pandemic, sparked hope among car makers that are anticipating growth of the electric vehicle industry in Thailand,…

Bangkok Post

True-DTAC merger saga

The telecom sector this year has been dominated by movements surrounding the planned merger of True Corporation and Total Access Communication (DTAC), the second and third biggest mobile operators in the country by subscriber base, respectively.

Bangkok Post

True Digital eager to put spotlight on AI features

True Digital Group, a digital business arm of telecom operator True Corporation, has highlighted the importance of artificial intelligence (AI), saying this emerging technology can empower various sectors, ranging from healthcare and retail to agriculture.

Bangkok Post

Court keeps True, Dtac merger on track

The Central Administrative Court has thrown out a petition seeking an injunction on the planned merger of True Corporation and Total Access Communication (Dtac).

Bangkok Post

Merger to push on as tender scrapped

True Corporation and Total Access Communication (DTAC) have vowed to continue pursuing their amalgamation, although two affiliates of the pair scrapped their plans to conduct tender offers to acquire the two telecom operators' shares to create a path for the merger.

Bangkok Post

True open to reallocation of matches

True Corporation has no objection to the Sports Authority of Thailand (SAT) reallocating a quota of football World Cup matches.

Bangkok Post

DTAC-True telecom merger faces delay, Norway's Telenor says

The planned merger of telecoms firms DTAC and True Corporation will not take place as planned this year, but may still go ahead in the first quarter of 2023, DTAC's majority owner Telenor said on Tuesday.

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