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Nov. 2--Egat Plc, the state-owned electricity company, has set an indicative price range for its initial public offering at between 25 and 28 baht a share.
After a long ride, shares of Egat, formerly known as Electricity Generating Authority of Thailand, are now set to debut on the Stock Exchange of Thailand on Nov 30.
The financial advisers for the listing are Phatra Securities, Tisco Securities, SCB Securities, Morgan Stanley, Citigroup and JP Morgan.
According to the listing proposal submitted to the Securities and Exchange Commission, Egat plans to float 1.245 billion shares to the public, raising between 31.13 billion and 34.86 billion ...
Source: HighBeam Research, Egat share price set between B25 and B28: Subscriptions open from Nov...