Bangkok Airways to sell 730m shares | Bangkok Post: business

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Bangkok Airways to sell 730m shares

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Bangkok Airways plans to sell its shares through the Stock Exchange of Thailand next month in a partial divestiture that will end its 45-year full private ownership. 

Capt Puttipong Prasarttong-Osoth, the airline's president, said the company plans to offer 730 million new shares in an initial public offering.

Most of the proceeds will be used to support the company's growth plan including a new hangar, fleet expansion and IT system upgrade.

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