Singtel sells $773 million Thai energy stake as it ramps up AI and data center investments
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Source: CNBC
Published: 2026-06-23 15:54 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Property, Technology & AI, Energy, Business & Economy, Asia Pacific
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Snippet:
Southeast Asia's largest telecom operator, Singtel, has sold 2.8% of its stake in Thailand's largest energy firm, Gulf Development, for about S$1 billion ($772.9 million), as it seeks to raise cash for new investments.
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