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BMCL likely to postpone share sale to next year: Sombat.
(From Thai Press Reports)
Section: Stocks - Bangkok Metro (BMCL), operator of the underground metro network, may postpone its planned share sale to next year, while waiting for higher revenue generation to be able to attract higher number of investors.
BMCL's managing director Sombat Kitjalaksana said next year, the company will generate more income from commercial spots in the stations from areas such as advertisement fees.
"The investors will see the improvement of our revenue during 2005, when we will be able to generate more income from commercial areas," he said.
Recently, the company said it plans to sell shares to the public in the …
