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Byline: Nondhanada Intarakomalyasut
Mar. 3--As the first allotment of its initial public offering was oversubscribed, Airports of Thailand Plc (AoT) decided to offer another 53.77 million shares under a greenshoe option to individual, local and foreign institutional investors.
The greenshoe option, a process which allows the underwriters of an IPO to sell additional shares to the public in case of over-allotment, will bring the total size of the IPO to 412.57 million shares, after all 358.8 million shares originally offered were fully subscribed last week.
Of the additional 53.77 million shares, 10 million (18.60 percent) will be offered to ...
Source: HighBeam Research, Airports of Thailand Offers 53.77 Million More Shares for Sale to All...