Billionaire Dhanin Chearavanont’s CP Group Selling 10% Stake In Thai Mobile Carrier True

The sale comes after Arise Digital Technology Co., controlled by Dhanin’s youngest son Supachai Chearavanont, agreed in late January to acquire a 24.95% stake in mobile operator True Corp. held by Norwegian telecommunications company Telenor Group for 39 billion crowns ($3.9 billion).