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 TRIS Rating Affirms Company & Issue Ratings and Assigns New Issue Rating of “ADVANC” at “AA/Stable”  
  TRIS Rating Co., Ltd. has affirmed the ratings of Advanced Info Service PLC (ADVANC) and its debentures at “AA”. At the same time, TRIS Rating has assigned the rating of “AA” to ADVANC’s proposed issue of up to Bt10,000 million in senior debentures. The outlook remains “stable”. The proceeds from the proposed debentures are expected to be used for working capital requirements and reserve for future capital spending. The ratings are based on ADVANC’s dominant position in the Thai cellular market due to its extensive subscriber base and well-recognized brand name. The ratings also take into consideration the company’s capable and professional management team, its strong financial profile, and strong cash generating capability.
TRIS Rating Affirms Company and Issue Ratings of “MPSC” at “A/Stable”
TRIS Rating Cancels Company Rating of “TPIPL”
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