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US$500m IPO target for Bangkok Airways
Published Tue, Sep 23, 2014 · 04:00 PM
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[BANGKOK] Thai full-service carrier Bangkok Airways PCL plans to sell a 24.8 per cent stake in an initial public offering (IPO) in October, which two people familiar with the matter said is aimed at raising US$500 million.
Bangkok Airways in a statement said that it plans to offer 520 million new shares in a sale in "the middle" of next month to fund expansion. The IPO would be the latest in a string of IPOs in Thailand since the militar…
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