Amid uncertain economic factors, including the market slowdown, companies in Thailand are on course to raise funds from the market. Raja Ferry follows its schedule to start trading on the Thai bourse in November. And, Ticon Group too remains optimistic to issue 3 billion baht additional shares through Ticon Real Estate Investment Trust to mobilise funds before this year end.
Raja Ferry plans $19m IPO
Raja Ferry Port (RP), one of the main ferry operators in Thailand, expects to raise 380-684 million baht ($10.7-$19.3 million) through its maiden issue in November.
