Jasmine yields up Thai IPO

Infrastructure fund chooses advantageous moment to formally launch one of Thailand's largest IPOs, with investors looking for yield plays as deflationary expectations gain ground.

Jasmine yields up Thai IPO

Jasmine Broadband Internet Infrastructure Fund Jasif formally launched its Thai initial public offering on Wednesday, nearly one month after it decided to withhold the deal over the Christmas period when market conditions were too soft.

The delay should now play to the telco's advantage with deflationary expectations firmly gaining ground and investors continuing to show interest in yield plays.

As roadshows were completed at the end of last year, the deal...

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