BANGKOK: Thai utility Tap Water Supply (TTW) has set a price range of 4.0-4.5 baht per share for its initial public offering, a source close to the deal said on Saturday.
The company is planning to sell 1 billion shares so the IPO would raise 4.0 billion baht to 4.5 billion baht ($126 million to $142 million).
The IPO shares would be offered to investors on May 12-13, the source told Reuters. "The IPO debut on the Thai bourse should be on May 22," he added ahead of a news briefing on the IPO details on Monday
The company is planning to sell 1 billion shares so the IPO would raise 4.0 billion baht to 4.5 billion baht ($126 million to $142 million).
The IPO shares would be offered to investors on May 12-13, the source told Reuters. "The IPO debut on the Thai bourse should be on May 22," he added ahead of a news briefing on the IPO details on Monday
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