Thaicom to sell Mfone for $100
Troubled Cambodian telecoms operator Mfone will be disposed of by its parent company, Thaicom, in the coming weeks for $100 to INT Management Service Company Limited (INT), according to a filing with the Stock Exchange of Thailand (SET). Shenington Investment, a subsidiary of Thaicom and the holder of 100 per cent of Mfone’s shares, received approval from Thaicom to divest its 24 million shares in a board meeting on November 12. …
