Shopping Mall Owner Siam Piwat Said to Consider Biggest Thai IPO Since 2022 [Yahoo! Finance]
KASIKORNBANK PCL UNSP/ADR (KPCPY)
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Source: Yahoo! Finance
Most Read from Bloomberg Baltimore Wants to Sell Hundreds of Vacant Homes for $1 Each Sam Bankman-Fried Says 50-Year Sentence Only Suitable for a ‘Super Villain' Justice Department to Sue Apple for Antitrust Violations as Soon as Thursday Trump Rules Out Vivek Ramaswamy as Running Mate as He Eyes New Team Fed Signals Three Rate Cuts Are Still Likely, Despite Inflation Uptick The Bangkok-based company is asking international banks to submit proposals for a potential first-time share sale that may take place before the end of this year, the people said, asking not to be identified as the process is private. Siam Piwat is aiming to raise $500 million to $750 million in the IPO, they said, adding that deliberations are ongoing and it could decide not to list. The considerations coincide with a rebound in tourism to Thailand after travel dried up during the Covid pandemic, with overseas visitors topping 8 million this year already, government figures show. A representative
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