BANGKOK (AFX-ASIA) – Thai Olefins PLC is planning an initial public offering (IPO) aimed at raising 4-5 billion baht, said its financial advisor Trinity Securities Group chief executive officer Pakawat Kovithvathanaphong. (US$1=41 baht). Thai Olefins’ major shareholder is PTT PLC, which holds a 63% stake. The remaining stake is owned by Siam Cement PLC, Thai…
THAILAND: PTT petrochemical unit plans IPO to raise 4-5 billion bath
Posted on September 26, 2003 by EnergyAsia