The announcement confirms an earlier report by DealStreetAsia in July.
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IPOs & Markets
Thirteen cornerstone investors have subscribed to half of AWC's shares, including Singaporean sovereign wealth fund GIC.
At $2 billion, Central Retail’s planned offering would be the second-largest in Thailand.
The Hong Kong-based company has completed six acquisitions in Asia region this year.
Thailand-listed MK Restaurant Group will acquire 65% stake in restaurant chain Laem Charoen Seafood for $67.13 million.
Absolute Clean Energy plans to use a part of the IPO proceeds to finance nine power plant projects.
The announcement comes as Thai companies roll out financial services partnerships with e-commerce platforms and ride-hailing services.
Bitkub raised $2.1 million in seed funding in May, touted as the largest such round among Thai startups at that time.
Policy & Regulations
Some ride-hailing companies have been operating in Thailand's unregulated market for a few years now.
Siam Commercial will provide lending services to small businesses on Singapore-based Sea's platforms.
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