Temasek's Plan To Sell Shin Stake Brought Cheer To Share Price

Reuters, 7 Oct 2009
Shares in Thailand's Shin Corp SHIN.BK jumped nearly 19 percent on Wednesday on expectations a plan by Singapore's Temasek Holdings [TEM.UL] to sell its stake in the telecoms group would boost share liquidity.
Shin Corp Director Somprasong Boonyachai said the plan by several Thai firms to acquire shares, if it goes through, would be positive, a local newspaper quoted him as saying.
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