DTAC-TRUE green running stock After unlocking the legal problem of merger deals • Thumbsup

“Prachachat Business” reports the movement of shares of Total Access Communication Public Company Limited (DTAC) and True Corporation Public Company Limited (TRUE) closed the market this morning, the share price ran. It climbs up quite well.

DTAC rose 5.78% from the previous day’s close at 45.75 baht and TRUE rose 2.88% to 5 baht.

In response to this news yesterday (20 Sept. 20) that Mr. Trairat Wiriya Sirikul Acting secretary Office of the Broadcasting Commission television business and the National Telecommunications Commission (NBTC) revealed that after the end of August 65, the Office of the NBTC asked for opinions on legal issues concerning the powers and duties of the NBTC in considering the merger. Total True-DTAC, which the Office of the NBTC has received a reply letter from the Council of State. with the main idea that

“The telecommunication business merger between True and DTAC Must adhere to the NBTC announcement of 2018, which stipulates that business mergers can be carried out by preparing a report for submission to the NBTC.”

Yuanta Securities (Thailand) Co., Ltd. reported that we maintain our fair value estimate for DTAC at 55.75 baht per share, based on a 70% probability of the deal and maintain a ‘Buy’ recommendation, attractive Risk Reward Ratio and Time. More advanced consolidation line Therefore, we expect the market to start accumulating TRUE and DTAC shares in 4Q22.

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