450 Million Shares of “True Corporation” Being Sold through NVDR

The trading data of the big lot transaction on March 23, 2023, has shown that there are five transactions of True Corporation Public Company Limited (SET: TRUE) for a total of 453.28 million shares worth 3,844.20 million baht in value through the Non-Voting Depository Receipt (NVDR) trading at an average price of THB 8.48 per share, which is higher than the highest trading price of today’s value in the bourse of THB 8.40 per share.

Yesterday, China Mobile International Holdings Limited submitted a filing to the Securities and Exchange Commission (SEC), stating that the company has sold 2.6237% of shareholding in True Corporation Public Company Limited (SET: TRUE), a listed-Thai telecommunication company, on March 17, 2023.

The trading range of TRUE on March 17 was between THB8.20 – 7.85 per share.

After the transaction, China Mobile will hold 7.8094% of the remaining shares in TRUE.