Thai Shin Corp Sells 30% Stake In Internet Unit To Mitsui

Shin, a Thai telecommunications conglomerate, has sold a 30 percent stake in its unit, Shineedotcom to Japan’s Mitsui for 99.99 million baht ($1=THB39.908).

Shineedotcom, a developer of wireless content and application, is a wholly owned unit of AD Venture, which is a 91 percent owned unit of Shin Corp.

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