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JAS shareholders give AIS acquisition moves the nod

Shareholders of Jasmine International Plc (JAS) have approved a deal in which Advanced Info Service (AIS) Plc will acquire its subsidiary Triple T Broadband (TTTBB), a fixed broadband operator, and buy 19% of Jasmine Broadband Internet Infrastructure Fund (JASIF) for 32.4 billion baht in total.

JAS shareholders give AIS acquisition moves the nod

Shareholders of Jasmine International Plc (JAS) have approved a deal in which Advanced Info Service (AIS) Plc will acquire its subsidiary Triple T Broadband (TTTBB), a fixed broadband operator, and buy 19% of Jasmine Broadband Internet Infrastructure Fund (JASIF) for 32.4 billion baht in total.

Bank's vow advances AIS's bid to take stake in JASIF

Bangkok Bank (BBL) has pledged to extend the repayment date and reduce the interest rate on a loan worth 13.3 billion baht which Jasmine Broadband Internet Infrastructure Fund (JASIF) still owes, if the fund's unitholders approve Advanced Info Service (AIS)'s purchase of the fund's units held by Jasmine International (JAS).

Telecom chess match tightens

AIS to take stakes in broadband units from Jasmine

AIS signed agreements to take a stakes in two broadband companies owned by Jasmine International, positioning it to expand coverage.