With a more favourable environment, JASMINE BROADBAND INET. INFRASTRUCTURE FUND improves to Positive
JASMINE BROADBAND INET. INFRASTRUCTURE FUND (TH), a company active in the Asset Managers industry, is favoured by a more supportive environment. The independent financial analyst theScreener has confirmed the fundamental rating of the title, which shows 3 out of 4 stars, as well as its unchanged, defensive market behaviour. The title leverages a more favourable environment and raises its general evaluation to Positive. As of the analysis date April 1, 2022, the closing price was THB 10.90 and its potential was estimated at THB 11.49.Jasmine Broadband Internet Growth Infrastructure Fund. Jasmine Broadband Internet Infrastructure Fund is a closed-end infrastructure fund. The purpose of the Fund is to mobilize funds from general and institutional investors for investment in Thailand's infrastructure projects, which is beneficial to public. The Fund invests in optical fiber cables (OFCs) developed and managed by Triple T Broadband Public Company Limited. The OFC network is a part of telecommunication network, which is capable of delivering triple-play services on demand, such as the provision of broadband Internet, voice over Internet protocol (VoIP) and Internet protocol television (IPTV) over a single broadband connection.
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