Thai giant Central Group aims to raise up to US$1.5 billion

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12 December 2019 à 16h56

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Publication: 12 December 2019 à 16h56

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12 December 2019 à 16h56

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Publication: 12 December 2019 à 16h56

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By the end of January, Central Group aims to list its retail entity on the Thai Stock Exchange, with the I.P.O. of Central Retail Corp. raising as much as US$1.5 billion. In November the brokers started testing investors’ appetite for 2 weeks via a “pre-marketing” stage, before Central Group decides to sell shares. If the I.P.O. is successful, it would be the largest offering in Thailand in more than 5 years.

Central Group operates shopping malls, grocery stores, department stores (i

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