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Bangkok Post
Bangkok Post
Business

Reformed True gains on SET debut

Suphachai Chearavanont, chairman of True Corporation, centre right, and the company's management team are congratulated by SET president Pakorn Peetathawatchai, centre left, and SET senior executive vice-president Manpong Senanarong, fourth from left, on the firm's first day of trade on the Thai bourse.

The new company formed by the merger of True Corporation and Total Access Communication (DTAC) debuted on the Stock Exchange of Thailand (SET) yesterday.

The new firm True Corporation is listed in the information and communications technology sector and opened trading at 8.35 baht. Shares of the new company, which was incorporated on March 1, hovered between 8.05 and 8.60 baht in morning trade, finishing at 8.50 baht at midday.

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