Singapore's Temasek sells stake in Thai telecom firm Intouch for $506m

Singapore's Temasek sells stake in Thai telecom firm Intouch for $506m

REUTERS/Edgar Su

Units of Singapore’s sovereign fund Temasek – Aspen Holdings and Anderton Investments – launched an overnight block trade on Wednesday for 15.6 billion baht ($505.67 million) or 8.02% of its stakes in Thai telco company Intouch Holdings Pcl, according to a term sheet.