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Search Result for “stake”

Showing 1 - 10 of 1,758

BUSINESS

Billionaire Sarath’s Gulf doubles Kbank stake

Bloomberg and Online Reporters, Published on 14/02/2026

» Gulf Development Plc, controlled by billionaire Sarath Ratanavadi, has doubled its stake in Kasikornbank Plc to become the Thai commercial lender’s largest shareholder.

BUSINESS

SET rides wave of post-poll optimism

Business, Tisco Securities, Published on 14/02/2026

» The Stock Exchange of Thailand closed the first month of 2026 with high hopes for an election-themed rally. Market-cap leader DELTA turned positive again, pushing the SET up more than 20 points in the first week of the year, while positive sentiment about artificial intelligence (AI) on Wall Street spread to Asia.

BUSINESS

AutoFlight unveils world's largest flying car

South China Morning Post, Published on 08/02/2026

» SHANGHAI — Chinese aviation start-up AutoFlight, backed by electric vehicle (EV) battery giant Contemporary Amperex Technology (CATL), is emblematic of mainland China's ambitions in the flying car market, part of the country's broader push to dominate the low-altitude economy.

BUSINESS

BGRIM puts emphasis on renewables

Business, Yuthana Praiwan, Published on 06/02/2026

» B.Grimm Power Plc (BGRIM) is positioning clean energy as a game changer for Thailand's energy transition, accelerating its push into renewables as the country and global industry move towards a low-carbon future.

BUSINESS

Singapore data centre deal valued at US$5.1 billion

Business, Suchit Leesa-nguansuk, Published on 05/02/2026

» Global investment firm KKR, communications technology group Singtel, and ST Telemedia have signed definitive agreements for funds managed by a KKR-Singtel consortium to acquire the remaining 82% stake in ST Telemedia Global Data Centres (STT GDC) from founding shareholder ST Telemedia for a total consideration of S$6.6 billion (roughly US$5.1 billion).

BUSINESS

OnlyFans in talks to sell 60% stake valuing firm at $3.5 billion

Bloomberg News, Published on 02/02/2026

» LONDON — British platform OnlyFans, known best for its adult content, is in talks to sell a 60% stake to an investment firm in a deal that would value the company at about US$3.5 billion, according to a person familiar with the matter.

BUSINESS

True eager to seek synergy with Arise, CP

Business, KOMSAN TORTERMVASANA and SRISAMORN PHOOSUPHANUSORN, Published on 29/01/2026

» True Corporation intends to harness the strength and resources of its group and those of incoming majority shareholder Arise Ventures Group to generate profit and dividend payments.

BUSINESS

Suphachai rules out digital merger

Business, KOMSAN TORTERMVASANA and SIRIVISH TOOMGUM, Published on 28/01/2026

» Arise Ventures Group, the new major shareholder in True Corporation, insists it has not considered merging its True Internet Data Center Co Ltd (True IDC) and Ascend Money into True's organisational structure, as it could burden True's telecom business.

BUSINESS

Telenor selling stake in True Corp for $3.9 billion

Reuters and Online Reporters, Published on 22/01/2026

» The Norwegian telecom operator Telenor said on ‌Thursday ​that it had agreed to sell its stake in True Corporation of Thailand for a total ‌of 39 billion Norwegian crowns (123 billion baht or $3.9 billion).

BUSINESS

Sony to spin off TV business into joint venture with Chinese maker TCL

Kyodo News, Published on 21/01/2026

» KYODO — Sony Corporation said Tuesday it will spin off its home entertainment business into a joint venture with major Chinese television maker TCL Electronics Holdings Limited as it seeks to boost its global competitiveness.