Singapore Telecommunications Limited’s S$330 Million Acquisition of Intouch Holdings Public Company Limited

Allen & Gledhill advised Singapore Telecommunications Limited on the acquisition of an additional 3.78% stake in Intouch Holdings Public Company Limited.

Singtel’s acquisition was made via its wholly-owned subsidiary Singtel Global Investment Pte. Ltd., and the seller of the stake in Stock Exchange of Thailand-listed Intouch Holdings is Anderton Investments, a wholly-owned subsidiary of Temasek.

Singapore Telecommunications Limited (SGX:Z74)  commonly known as Singtel and stylised as SingTel, is a Singaporean telecommunications conglomerate and one of the four major telcos operating in the country.

Intouch Holdings Public Company Limited (BKK:INTUCH) is a Thai holding company which focuses on telecommunication industry. 

The Allen & Gledhill team comprised Partners Christian Chin (Picture), Yap Lune Teng and Sunit Chhabra.

 

Involved fees earner: Sunit Chhabra – Allen & Gledhill LLP; Christian Chin – Allen & Gledhill LLP; Yap Lune Teng – Allen & Gledhill LLP;

Law Firms: Allen & Gledhill LLP;

Clients: Singtel;

Sonia Carcano

Author: Sonia Carcano