GULF Wins 'Deal of the Year' at SET Awards 2026
Gulf Energy Development has been honored with the 'Deal of the Year' award for its merger with Intuch Holdings.
GULF Recognized for Strategic Merger
Gulf Energy Development Public Company Limited (GULF) has received the 'Deal of the Year' award in the Mergers & Acquisitions category at the SET Awards 2026. The accolade recognizes the successful consolidation between Gulf Energy and Intuch Holdings, a significant corporate restructuring that was officially completed on April 1, 2025.
Award Presentation
The award was presented by Mr. Assadet Kongsiri, President of the Stock Exchange of Thailand, to Ms. Bang-on Sutthiphatthanakit, Executive Director of GULF, during a ceremony held at the Stock Exchange of Thailand building. This recognition highlights the company's operational success in executing one of the most notable business integrations in the Thai market.
Impact and Outlook
For residents and investors, this award underscores the stability and strategic growth of major players within the Thai energy and telecommunications sectors. The merger represents a significant shift in the corporate landscape, potentially influencing market dynamics and service delivery in the long term. While the merger itself is finalized, observers continue to monitor how this unified entity will leverage its combined resources to impact future infrastructure and digital service developments in Thailand. No further details regarding immediate changes to consumer-facing services were disclosed at the event.
