Gulf Energy Development Public Company Limited (SET: GULF) has addressed to the public regarding the news publication stating that the company is considering to invest in another listed company other than the amalgamation between the company and Intouch Holdings Public Company Limited that has been announced through the Stock Exchange of Thailand on July 16, 2024.
GULF stated that currently, the company prioritizes completing the amalgamation as planned whereas there are several processes and procedures the company must take to ensure its success. Therefore, the company has not explored additional investments in other companies as reported in the news.
Additionally, GULF has in place prudent investment criteria to ensure maximum benefits for the company and its shareholders.
