BANGKOK: The Thai government's offer of more than 428 million new shares in Airports of Thailand (AOT), to raise around US$436mil, sold out in less than two hours yesterday, an underwriter for the initial public offering said.
The government plans to sell a 30% stake in AOT for between 95 cents and US$1.08 per share in a partial privatisation.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
