Shares in Thaicom Pcl jumped 5.6 percent to 24.4
baht, having hit a two-week high of 24.9 baht, after the
satellite operator said its subsidiary had entered into an
agreement to sell satellite capacity in China.
About 13.3 million shares have changed hands, 1.27 times the
average full-day volume in the last 30 days. The broader tech
subindex was up 0.4 percent while the benchmark SET
index was up 0.9 percent.
Thaicom's unit IPSTAR Co Ltd had agreed to sell whole China
capacity to Vastsuccess Holdings Ltd, a subsidiary of Synertone
Communication Corp, and had agreed to grant the right
to use gateways in China to Vast until end of service period of
Thaicom 4 Satellite.
1047 (0347 GMT)
(Reporting by Viparat Jantraprap in Bangkok; Editing by Anand