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Intouch, Thaicom stocks take big hit after ministry seeks compensation for lost satellite

November 10, 2020

The stock price of Intouch Holdings (INTUCH) and Thaicom (THCOM) on Tuesday dropped sharply despite the rise in the Stock Exchange of Thailand (SET) Index after the Digital Economy and Society (DES) Ministry claimed compensation of more than Bt7.7 billion for the damage to Thaicom 5 satellite.

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Intouch, Thaicom stocks take big hit after ministry seeks compensation for lost satellite