Nonthaburi, Thailand– Shin Satellite plc has agreed to sell part of its Cambodia and Laos interests to Asia Mobile Holdings Pte Ltd (AMH). Shin Satellite will sell 49% in Shenington Investments Pte Ltd, for consideration value of US$200 million. Shenington is an investment holding company with a 100% stake in Cambodia Shinawatra Company Limited and 49% in Lao Telecommunications Company Limited. AMH, a joint venture between Qatar Telecom and ST Telemedia, currently holds interests in StarHub Ltd in Singapore and PT Indosat Tbk in Indonesia.
Ad – Before Content
Related Articles
- Hireworks Connect launches globally on Disney, Netflix, & HBO productions
- Prime Video’s Maitri: Female First Collective Dives Deeper Into the Female Gaze in Storytelling
- OneGate Media picks up new historical family biopic A Christmas Miracle – by Johann Sebastian Bach for global distribution
- Autentic Distribuition closes major new deals for factual content worldwide
- Production now underway on the third season of CBC anthology series Plan B from KOTV
- WTFN integrates Fred Media & Radar teams to take total distribution strategy to the next level