Intouch Holdings Public Company Limited (SET: INTUCH) has announced the resolution of its Extraordinary General Meeting of Shareholders that resolved to approve the disposal of Thaicom Public Company Limited (SET: THCOM), its subsidiary, to Gulf Energy Development Public Company Limited (SET: GULF), its major shareholder, at the amount of 450,870,934 shares or 41.13% of the total issued shares of THCOM.
INTUCH will receive THB 4,472.64 million from the disposal, considering the offering price is THB 9.92 per share.
After the announcement of the disposal, INTUCH also announced a special dividend payment at the amount of THB 1.40 per share to be paid on January 27, 2023. The ex-dividend date is January 10, 2023.
