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Thailand Residue Splitter Operator to Seek Listing This Year.
Byline: Yuthana Praiwan
Aug. 5--Rayong Purifier Plc, operator of a condensate residue splitter, plans to raise funds through the stock market this year to finance business expansion at home and the construction of an oil refinery in Vietnam.
The company hopes to raise about one billion baht from listing on the Stock Exchange of Thailand by selling 10-20 percent of its shares to the public, said executive board chairman Suppapong Krishnakan.
BT Securities is the financial adviser for the planned listing, which is pending Securities and Exchange Commission approval at the end of this month.
The new funds will be used to finance the ...
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Source: HighBeam Research, Thailand Residue Splitter Operator to Seek Listing This Year.