True completes merger of four subsidiaries
Thai operator True has announced that True Move H, Asia Wireless Communication, BFKT (Thailand), and TeleAssets, four subsidiaries in which True holds a 99.99 percent stake, have registered their amalgamation with the Department of Business Development at the Ministry of Commerce. Following this registration, these four entities ceased to exist as independent juristic persons. True also reports that True Move H remains as the surviving legal entity, absorbing all assets, liabilities, rights, and obligations