AAT IPO - ready for take-off

This decision was confirmed on 1 October by AAT's president, Air Chief Marshal ACM Terdsak Aujjaruk, who issued a statement saying that plans to sell a 30% stake to the public remain on track.

He noted that AAT has been profitable every year for the past 23 years, and that with its low risk business and limited private sector competition, its share offering should be favourably received by the market. AAT's roadshow for domestic and overseas investors kicks off on 28 October and is due to last until 13 November, with Merrill Lynch Phatra Securities acting as financial advisor and Merrill Lynch and Credit Suisse First Boston as international lead managers.

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