SET:TRUE

True Unit Absorbs Three Sister Companies

True (SET:TRUE) unit True Move H Universal Communication and three other units completed their amalgamation and registered the transaction with Thailand's Department of Business Development on Tuesday.Asia Wireless Communication, BFKT (Thailand) and TeleAssets have ceased to exist as legal entities, while True Move H Universal Communication remains as the surviving entity.True Move H Universal Communication has assumed all assets, liabilities, rights and obligations of the three entities.True does not expect the amalgamation to impact its performance, the filing said.