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Restaurant Chain Delays Listing on Thai Stock Exchange.

Bangkok Post (Bangkok, Thailand)

| June 06, 2003 | COPYRIGHT 2003 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nareerat Wiriyapong

Jun. 6--The cafe-restaurant chain Black Canyon (Thailand) has decided to defer its listing, earlier planned for this year, for three years when the capital market environment is more favourable.

Managing director Pravit Chitnarapong also said that the company would look to list in the future on the Stock Exchange of Thailand (SET), where trading is much more active, than on the smaller Market for Alternative Investment (MAI) as planned originally.

The target of mobilising funds from the public, however, is in line with a timeframe agreed earlier by One Asset Management Fund, one of Black Canyon's major shareholders, ...

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Source: HighBeam Research, Restaurant Chain Delays Listing on Thai Stock Exchange.

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