Thailand: Nation Multimedia Group to dispose of non-core assets worth $42.8m

Thailand: Nation Multimedia Group to dispose of non-core assets worth $42.8m

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Nation Multimedia Group (NMG), a SET-listed media company, will sell its non-core assets, including its shares in digital TV channel Now26, and a printing plant, for 1.4 billion baht ($42.8 million) through a bidding process next year.

The disposed assets include Nation U (NU), which operates Nation University; Bangkok Business Broadcasting (BBB), which operates Now26 digital TV channel; WPS (Thailand), which operates a printing plant; NML, which provides logistics service; and its land and buildings.

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