Business Round-Up
Bangkok Airways offering heavily oversubscribed
November 1st 2014
Full service carrier, Bangkok Airways, had its US$400 million initial public offering (IPO) enthusiastically oversubscribed by institutional and retail investors when it offered 520 million new shares to the market in late October. Read More » The result made it Thailand’s most successful IPO to date this year. The Bangkok Airways parent company, which owns three Thai airports, will use the funds to replenish its fleet, engines and components as well as renovate some of its aircraft.
