Seaweed processor Taokaenoi to raise $16.57m in September IPO

Seaweed processor Taokaenoi to raise $16.57m in September IPO

Taokaenoi seaweed products. Image from the company's website.

Taokaenoi Food and Marketing PCL, the country’s largest producer and distributor of processed seaweed, expects to raise more than 580 million baht ($16.57 million) through selling 90 million shares, equivalent to 26 per cent of total capital, in the initial public offering (IPO) in September.

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