disambiguation . intouch holdings type holding company public traded as set intuch industry technology founded june 21 1983 1983 06 21 founder thaksin shinawatra headquarters chatuchak bangkok key people phillip tan chen chong president revenue thb 25.26 billion 2014 net income thb 14.76 billion 2014 total assets thb 54.69 billion 2014 subsidiaries advanced info service thaicom itas intouch media itv matchbox website www.intouchcompany.com intouch holdings plc thai ; formerly shin corporation is a thai holding company which focuses on telecommunication industry . it is the parent company of advanced info service ais the largest mobile phone operator in thailand and thaicom thailand s satellite operator . it is listed in the stock exchange of thailand and is part of set50 index . the company was founded as shinawatra computer service and investment by thaksin shinawatra who later became the prime minister of thailand . the sale of shinawatra family s stake in shin corporation to singapore s temasek holdings in 2006 sparked a controversy which intensified the anti thaksin movement . shin corporation rebranded itself to intouch in 2011 including its new stock symbol but did not officially change its registered name until march 2014 . contents 1 history 1.1 the early years and shin corporation 1983 2006 1.2 acquisition and transition to intouch plc 2006 2011 1.3 as intouch plc 2011 present 2 wireless telecommunications business 2.1 advanced info services public company limited set advanc common name ais 3 satellite and international business 3.1 thaicom public company limited 4 media and advertising 4.1 itv public company limited set itv 4.2 sc matchbox company limited smb 5 e business and others 5.1 it applications and services company limited itas 5.2 teleinfo media company limited tmc 5.3 ad venture company limited adv 5.4 shineedotcom company limited shinee 5.5 merry international investment corporation merry stake 5.6 capital ok company limited 5.7 thai airasia company limited 6 media lawsuit 7 company logo 8 see also 9 references 10 external links history edit the early years and shin corporation 1983 2006 edit it was founded in 1983 as shinawatra computer by thaksin shinawatra former prime minister of thailand and took on its later name in 1999 by using the first four letters of his last name . the company grew tremendously under the leadership of shinawatra . for its services it received the royal warrant on 11 june 2004 which gave it permission to display the royal garuda emblem in public . 1 acquisition and transition to intouch plc 2006 2011 edit on january 23 2006 the shinawatra family sold its remaining 49.6 percent stake in the company to nominees of temasek holdings the singapore government s investment arm for us 1.88 billion . the 2006 sale of the shinawatra family s share caused great controversy in thailand . the sale was in response to long standing criticisms that the shinawatra family s holdings created a conflict of interest for thai prime minister thaksin shinawatra . critics of the sale focused on allegations directed toward thaksin and a compliant government that the transaction was exempt from capital gains tax the fact that the thai company was sold to a singaporean company and the fact that the thai law regarding foreign investments in the telecom sector had been amended just prior to the sale . the company is linked by stock control to companies including shin satellite and advanced info service the largest mobile phone network in the country . it also holds stakes in thai airasia a consumer finance company and itv a local television station . current chairman of the group executive committee and chairman of the executive committee is boonklee plangsiri . the company s operations are divided into four lines of business wireless telecommunications satellite and international business media and advertising and e business and others . as intouch plc 2011 present edit on april 1 2011 the company change logo and symbol on stock exchange of thailand to set intuch 2 wireless telecommunications business edit somprasong boonyachai is a head of this sector . the oldest sector of shin corporation it includes advanced info services public company limited set advanc common name ais edit main article advance info service thailand s largest mobile operator ais was originally granted a 20 year mobile concession by the telephone organization of thailand tot on march 27 1990 . on september 26 1996 an additional five years were granted whereby extending the concession life to 25 years which would expire in the year 2016 . the memorandum of agreements attached thereto is based on build transfer operate bto principle . products gsm advanced evolution postpaid 900 mhz gsm 1800 postpaid 1800 mhz one 2 call prepaid 900 mhz swasdee prepaid 900 mhz and mobilelife mobile content services satellite and international business edit damrong kaseamsej is a head of this sector . it includes thaicom public company limited edit main article thaicom company thaicom set thcom was originally called shinawatra satellite shin satellite public company limited was founded in 1991 after it was granted a license from thailand s ministry of transport and communications permitting it to launch and operate satellites . it was the first company in thailand to be allowed to do this and the first privately owned satellite company in asia . king bhumibol adulyadej provided a name for the satellite series name thaicom it comes from thai communications symbolizing the link between thailand and modern communications technology . shin satellite has five satellites in geostationary orbit thaicom 1 thaicom 2 thaicom 3 thaicom 4 or ipstar and recently launched thaicom 5 with corresponding thai based customer service facilities . media and advertising edit niwatthamrong boonshongpaisarn is a head of this sector . this sector includes itv public company limited set itv edit main article itv thailand primary company of this sector . formerly name is siam infotainment company limited . itv was granted a 30 year concession by the office of the permanent secretary to the prime minister s office in 1995 to operate a free to air television station in the ultra high frequency uhf spectrum at 510 790 mhz . current managing director of itv is mr.songsak premsuk sc matchbox company limited smb edit established in april 1991 smb operates fully integrated advertising business . over the years smb has experienced high growth in billings and revenues . e business and others edit arak chonlatanon is a head of this sector . it includes it applications and services company limited itas edit itas was first established in january 2000 to provide application services for shin and its subsidiaries . after certifying as sap national implementation partner itas has offered its services to external customers and from then on itas has added more to its services line as in e business products and services . teleinfo media company limited tmc edit formerly known as shinawatra directories co. ltd. tmc is the only printer and publisher of both white pages and yellow pages telephone directories in thailand . ad venture company limited adv edit adv engages in developing internet related services such as internet service via mobile phones satellites and digital tv . shineedotcom company limited shinee edit shinee is a service provider of content and application development for online system for wireless communications . merry international investment corporation merry stake edit merry is a holding company registered in the republic of mauritius with registered capital of usd 100 000 with a paid up capital of usd 1 . capital ok company limited edit capital ok is a company provided financial services such as personal loan credit card and digital cash card by its subsidiary payment solution company limited . thai airasia company limited edit main article thai air asia shin corporation holds a 49 % share in a company called asia aviation which in turn holds a 50 % stake in the low cost airline thai airasia a joint venture with airasia berhad from malaysia . current managing director of thai airasia is tasapon bijleveld media lawsuit edit on july 16 2003 the thai post published comments from media rights advocate supinya klangnarong who said that the shin corporation at the time majority owned by the family of thai prime minister thaksin shinawatra had benefited because of favorable policies by the thaksin government . shin corporation sued for libel in criminal court and sought 400 million baht in compensation in a civil lawsuit . supinya and the thai post were named as co defendants . after the thaksin family sold its shares in shin corp to singapore s temasek holdings the company offered to drop the lawsuit on the condition that supinya apologize for her comments . supinya refused the offer . on march 14 2006 the criminal court threw out the criminal lawsuit saying the article in the thai post was presented in good faith and in the public s best interest . on may 8 2006 shin corp. asked that the civil lawsuit be withdrawn . neither supinya nor thai post had any objections so the court withdrew the civil suit . company logo edit current logo changed on previous logo see also edit 2006 sale of the shinawatra family s share references edit shin corporation celebrates its 21st anniversary with the highest honor from the royal palace . public awards . bangkok shin corporation . june 25 2004 . retrieved 2011 01 13 . on this auspicious occasion of being granted the royal appointment the group s board of directors the management and staff are overwhelmed by the kindness of his majesty the king . to express our gratitude to his majesty we all vow to devote ourselves wholeheartedly to our jobs and to operate our business with honesty and loyalty in order to help develop the country and improve the living standards of the thai people . mr. bhanapot damapong chairman of the board of shin corporation plc change of company symbol for shin pdf . stock exchange of thailand . 1 april 2011 . retrieved 10 may 2011 . external links edit intouch shin corporation website shin satellite website retrieved from https en.wikipedia.org w index.php title intouch holdings & oldid 740298715 categories intouch holdingscompanies of thailandcompanies based in bangkoktemasek holdingsthai royal warrant holdersholding companies established in 1983holding companies of thailandcompanies listed on the stock exchange of thailand1983 establishments in thailandhidden categories articles containing thai language text navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links 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