* Shares suspended pending an announcement * CIMB offering new shares at up to 2.7 pct discount to Friday close * CIMB common tier 1 ratio is below larger banks * Capital raising could boost tier 1 by 1-1.5 pct pts-UBS (adds CIMB’s core tier 1, analyst quotes on fund […]
Tag: Thailand
Watchdog to allow foreign firms to list in Thai equity market
ONE OF THE main missions of the Securities and Exchange Commission this year is to allow foreign companies to list here, with listing rules to be completed within this quarter. It will also encourage companies in provincial areas to raise funds from the capital market in order to increase their […]
Jasmine plans to raise up to $2.2 bln in infrastructure fund IPO
Thailand’s Jasmine International Pcl said on Monday it plans to raise about 50-70 billion baht ($1.6-2.2 billion) by listing an infrastructure fund for its broadband Internet business. The initial public offering of the fund is scheduled to be competed by the end of this year and the proceeds will be […]