Board of NT voted not to sell dtac shares The reason why I didn’t use the money to do anything Even though financial liquidity is still good Giving the management department a close analysis of the dtac-True merger situation
Air Chief Marshal Somsak Khaosuwan, Director and Acting President, National Telecommunications Public Company Limited (NT) revealed that the Board of Directors’ meeting (Board) on April 5, 2022 had an agenda regarding NT’s shareholding in Total Access Communication Public Company Limited or DTAC, which the board has resolved to allow NT to continue holding DTAC shares.
At present, NT holds 134.65 million shares of dtac, representing 5.69%. In addition, the management has assigned the management to closely monitor the merger between dtac and True Corporation Public Company Limited, including finding information and reasons, advantages and disadvantages. Disadvantages of holding shares in DTAC and then presenting them to the Board of Directors for further consideration.
In this regard, the reason that the board has brought the agenda of dtac shareholding to the meeting is because On April 4, 2022, there was a meeting of DTAC shareholders in which NT voted once morest the merger. which is a minority Therefore, the matter of DTAC’s shareholding must be taken to discuss the next direction in NT’s shareholding in DTAC whether it is appropriate to continue to hold shares or not.
For the reason that the board has not yet sold dtac shares Because it can’t answer the question that NT needs money from the sale of shares of 70-100 billion baht to do anything despite the liquidity of NT’s cash flow is still good and still doesn’t know the direction or predict that DTAC’s shares will be worth. increase or decrease, so the management is assigned to closely monitor the merger situation of DTAC and True If there is any change or any other important information that needs to be changed Please inform the board continuously.
for the atmosphere of the meeting The board confirmed that coming to work to want to solve problems And all the information of both the former CAT Telecom Public Company Limited and the former TOT Public Company Limited must be shared transparently and not obscured in order to help each other solve the real problems.
