Thai Life Insurance is raising 37.1 billion THB (1 billion USD) through an initial public offering.
The Thai insurer and its two main shareholders are selling 2.32 billion shares at a price of 16 THB (0.4 USD) each. Thai Life's securities trading started on 25 July 2022.
This is the largest IPO in the country since May 2021.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Fcategory%2Fpays%2Fthailande%2Fthai-life-insurance-raises-1-billion-usd-on-the-stock-exchange&text=Thai+Life+Insurance+raises+1+billion+USD+on+the+stock+exchange
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Fcategory%2Fpays%2Fthailande%2Fthai-life-insurance-raises-1-billion-usd-on-the-stock-exchange&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-193-july-2022