True-D
| Joint venture | |
| Traded as | SET: TRUED |
| ISIN | 🆔 |
| Industry | Telecommunication Consumer electronics |
| Predecessor | True Corporation Total Access Communication |
| Founded 📆 | 9 July 2021 |
| Founders 👔 | Suphachai Chearavanont Boonchai Bencharongkul |
| Headquarters 🏙️ | 313 CP Tower Building, Silom Road, Silom Sub-District, Bangrak District, Bangkok |
Area served 🗺️ | |
| Products 📟 | Mobile phone Smartphones Set-top box Tablet computer |
| Services | Cable television, Mobile, Internet |
| Owners | Charoen Pokphand Group (28.98%) Telenor (19.64%) China Mobile (10.43%) Thai Telco Holdings (BCTN Holding) (7.71%) Other shareholders (33.24%) |
| Members | |
Number of employees | |
| 🌐 Website | www.true-d.co.th |
| 📇 Address | |
| 📞 telephone | |
True-D Public Company Limited is a Thai telecommunications company that is a joint venture between Charoen Pokphand Group and Telenor. The company was registered with the Department of Business Development on July 9, 2021 under the name of Citrine Global with a registered capital of 100,000 baht. Its office is located at 313 CP Tower Building, Silom Road, Silom, Bang Rak, Bangkok[1][2]
The company began to appear in its name and role as a Tender Offeror of True and DTAC. After True and DTAC will be merged together, The company will buy shares from True at a price of 5.09 baht per share and buy shares from DTAC at a price of 47.76 baht per share. The merger is expected to be completed in late September 2022.[3] Later on April 4, 2022, At the 2022 Annual General Meeting of Shareholders of True Corporation, the meeting resolved to approve the merger with DTAC, Same for DTAC, The meeting on the same day that the Extraordinary General Meeting of Shareholders resolved to approve the merger with True Corporation.[4][5] The merger was completed on October 20, 2022.[6]
Company directors[edit]
- Noppadol Dechudom
- Methee Winichbutra
- Joergen Christian Arentz Rostrup
- Las Erik Telmann
References[edit]
- ↑ Survey of 'Citrine Global', a joint venture company between 'CP' and 'Telenor', who is preparing to make a tender offer for TRUE-DTAC, found the company's establishment on July 9, 2021. (in Thai)
- ↑ Citrine Global Company Limited (in Thai)
- ↑ "DTAC and TRUE notify the merger will continue. (in Thai)". Thanachart Securities. Retrieved 2022-03-15.
- ↑ 'Shareholders OK' approve the merger of 'True-DTAC' (in Thai)
- ↑ DTAC notifies the Stock Exchange of Thailand "Shareholders" to approve the merger with TRUE (in Thai)
- ↑ Thai telecoms regulator allows $7.3bn True-DTAC merger
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- Members of the Conexus Mobile Alliance
- Companies established in 2021
- Companies of Thailand
- Telecommunications companies of Thailand
- Mobile phone companies of Thailand
- Mobile phone manufacturers
- True-D
- Charoen Pokphand
- Telenor
- China Mobile
- Companies listed on the Stock Exchange of Thailand
- Companies listed on the Singapore Exchange
- Companies based in Bangkok
- Thai brands
