Thai asset manager BAM said to plan raising $700m in Bangkok IPO

Stock prices are displayed on an electronic stock board at the Stock Exchange of Thailand (SET) in Bangkok, Thailand, on Friday, June 22, 2018. Photographer: Brent Lewin/Bloomberg

Bangkok Commercial Asset Management Pcl, Thailand’s biggest distressed asset manager, is planning an initial public offering that could raise at least $700 million, people with knowledge of the matter said.

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