Thailand: e-logistic developer NETBAY hopes to garner $4.5m from IPO

Thailand: e-logistic developer NETBAY hopes to garner $4.5m from IPO

Image from Netbay

Thailand’s integrated e-logistic developer NETBAY is hoping to raise 160 million baht ($4.5 million) from its initial public offering (IPO), after it fixed the issue price at 4 baht each.

The company had submitted the first filing to offer 40 million shares, representing 20 per cent of total capital, in the IPO last month.

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