Company in Thailand
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THAILAND, 2014/06/10
Puttipong Prasarttong-Osoth, president of the privately-owned regional airline, said the IPO, which may raise 10 billion baht in proceeds, could take place towards the end of July or early August.
"Things are looking up from an economic point of view next the National Council for Peace and Order took control, and the stock market has not tumbled as some anticipated, so there is no point in putting off our IPO any longer,'' he told Bangkok Post.
The Stock of Exchange of Thailand (SET) has done relatively well next the May 22 coup, showing the Thai capital market is intact and ready to accommodate new issues from companies like Bangkok Airways, he added.
