PTT romps home

PTT completes Asia''s second largest IPO of the year.

At the beginning of 2001, few would have expected Thailand to produce one of the largest initial public offerings of the year. And certainly at the start of PTT's roadshows, no one, least of all the lead managers, thought the transaction would prove such a smooth ride, with international books closing six times oversubscribed.

The Thaksin government has managed to successfully clear Thailand's largest privatization by a wide margin and the Kingdom's fourth largest equity offering behind the three...

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