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True offers shares in its subsidiaries /to CAT Telecom.
Byline: The Nation.
True Corp has offered the rights option to CAT Telecom to purchase ordinary shares in its businesses BFKT (Thailand) and Real Move, which have joined with the state agency to develop 3G wireless broadband service.
True subsidiaries Real Future and Real Move offered the option to CAT on January 27 when they signed 12 deals with CAT on their joint 3G-HSPA (High Speed Packet Access) service development.
According to Real Future's share offer document, it has offered the right to CAT to buy maximum 25 per cent shares of its subsidiary BFKT held by Real Future on the fair price that reflects the actual BFKT business value.
If CAT …
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