THCOM Has Been Rumored of Paying Big Fat Dividend before Changing Hands
It is another rumor, but from a reliable source, saying that THCOM is preparing to pay a dividend and an additional dividend before being sold to CAT.
10 ก.พ. 2562

According to the news reported on January 23, 2019, that CAT Telecom Public Company Limited (CAT) was in a process of buying Thaicom Public Company Limited (THCOM) from the major shareholder, Intouch Holding Public Company Limited (INTUCH) where all parties denied the rumors, later today, a new rumor has been circulated.
It has been reported by a reporter from a relied source that THCOM held a Board of Directors meeting to consider issuing a dividend from the operation in 2018 and also an additional dividend as well.
From speculation, the reason for this additional dividend is due to a Cash Drain, which INTUCH will receive the last dividend from THCOM before selling the stake to CAT, causing INTUCH to retain large amounts of cash than usual.
As for THCOM’s 9 months financial statement, the company has 3,552.21 million baht of cash and 4,930.49 million baht of unappropriated retained earnings. Currently, THCOM has a total of 1,096 million ordinary shares, while INTUCH holds 450,870,934 shares of THCOM or 41.14%.