GULF Acquires 1.42% of INTUCH to Top Up Stake Above 46%

Gulf Energy Development Public Company Limited (SET: GULF) acquired an additional 1.4217% shareholding of Intouch Holdings Public Company Limited (SET: INTUCH), according to the Form 246-2 filed to the Securities and Exchange Commission (SEC).

The acquisition was on July 5, 2022, for 45,589,854 shares of INTUCH, representing 1.4217% shareholding stake. GULF is now holding 46.0758% in INTUCH.


GULF made a series of acquisition for INTUCH back in 2020, mainly from Singtel, as the company aimed to expand its business into telecommunication and data center.