True Corporation Clarifies China Mobile Shareholding Status

On August 4, 2026, True Corporation Public Company Limited (TRUE) issued a formal statement to the Stock Exchange of Thailand to address circulating reports suggesting that its major shareholder, China Mobile, was preparing to sell its entire stake in the company.

According to the official clarification, True Corporation has investigated the matter and confirmed that the activity involves only a partial portfolio adjustment rather than a complete exit. The company emphasized that China Mobile maintains its commitment to a long-term investment strategy in the firm.

For residents and expatriates in Thailand, this clarification is significant as True Corporation is a major provider of telecommunications and digital services. Stability in the company’s ownership structure is often viewed as a positive indicator for the continuity of network infrastructure and service reliability.

While the company has provided this reassurance, market observers continue to monitor the situation for any further regulatory filings that might indicate future changes in shareholding percentages. As of now, the company maintains that the partnership remains intact and focused on long-term growth. This update serves to mitigate investor concerns following the initial speculation regarding the major shareholder's intentions.