Pre-marketing began yesterday Monday under the lead management of Credit Suisse First Boston, Lehman Brothers, Merrill Lynch Phatra and SCB Securities. The transaction comprises up to 30% of the company's enlarged share capital in the form of primary shares, with the addition of a a 15% greenshoe of secondary shares to be sold by the Thai government.
Pre-marketing will continue for two weeks and subject to positive feedback, roadshows will begin on October 29, for pricing around November 16 and listing on the Stock Exchange of Thailand SET on December 3. An equity valuation of Bt60 billion to Bt100 billion $1.34 billion to $2.24 billion has been assigned...
