Thailand's SCI Electric files for IPO, to use funds for ASEAN expansion

Thailand's SCI Electric files for IPO, to use funds for ASEAN expansion

Image from SCI's website

SCI Electric PCL (SCI), one of Thailand-based electricity turnkeys, has submitted the first filing today to sell 187.5 million shares in an initial public offering (IPO), aiming at mobilising funds to invest in ASEAN countries. The IPO shares will be equivalent to 25 per cent of the company’s registered capital with a par value of 1 baht per share.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter