Mystery Thai Investor’s Near $1 Billion True Stake Sparks Probe

Thailand's Securities and Exchange Commission is investigating an individual shareholder who has accumulated approximately 1 billion dollars in True Corp. stock, according to SEC filings. The shareholder's identity and the source of the investment have not been publicly disclosed. True Corp. is one of Thailand's largest telecommunications companies. The SEC has not announced details about the scope or timeline of the investigation.

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