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Convenience Store Operation to List on Thailand's Stock Exchange.
Byline: Nuntawun Polkuamdee
Oct. 4--Convenience store operator CP Seven Eleven will list on the Stock Exchange of Thailand later this month, with an initial public offering of 71.5 million shares priced at 42 baht each.
Par value for the shares is five baht each, said Pittaya Learavisitkul, CP Seven Eleven deputy chief executive.
He said the float would involve 40 million new shares and 31.5 million existing shares now held by CP Group subsidiary Bangkok Produce, NTK Co and Thaivest Pte Limited.
Institutional investors will be offered 56 percent of the offering, with local individual investors taking the rest.
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