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
- BBC Studios to launch Outrageous at MIPCOM
- GoQuest Media acquires Telekom Srbija dramas ahead of MIPCOM
- Dandelooo On Board For Pol The Pirate Mouse
- TV Asahi and Sony Pictures Networks India Join Forces For Cult Kids’ Comedy Sequel Obocchama-kun
- ITV Studios partners with Tokyo Broadcasting System Television to create the first-ever Nina Warrior FAST Channel
- NHK Enterprises announces format distribution alliances with Lineup Industries and Empire of Arkadia