Temasek is not selling its stakes: Shin Corp

Shin Corp Executive Chairman Somprasong Boonyachai clarified Temasek's stakes in the telecoms group and satellite unit Thaicom are not up for sale.

Speculation about the sale emerged following a court ruling last month that former Thai premier Thaksin Shinawatra had concealed ownership of shares in Shin Corp and tailored government policies to benefit Shin, according to a Reuters report.

Temasek indirectly owns 96.11 percent of Shin Corp, which was founded by Thaksin.

"There's no such issue," said Somprasong about the alleged sale valued at around $2.5 billion.

View full report in Reuters.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia