CPG puts True stake up for sale

30 Aug 2005

Charoen Pokphand Group is looking to sell 3% of its 39.22% stake in Thai telecoms group True Corp alongside a raft of divestitures of its non-core businesses, according to local news sources. ‘We haven’t decided when to divest,’ a spokesman told Krungthep Turakij newspaper. ‘If anyone offers attractive prices, we are ready to sell those stakes.’

Thailand, True Corp