CTV-Doll plans IPO to raise funds for business expansion | Bangkok Post: business

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CTV-Doll plans IPO to raise funds for business expansion

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Cho Thavee Dollasien (CTV-Doll) plans to allocate 200 million shares through an initial public offering (IPO) in the second quarter in a bid for a listing on the Market for Alternative Investment. 

"Proceeds will be used to fund business expansion and prepare to take advantage of greater opportunities in the logistics sector, which will grow rapidly under the Asean Economic Community," said Suradech Thaveesaengsakulthai, chief executive of the manufacturer and supplier of trailers, semi-trailers and truck bodies.

On completion of the IPO, total shares will be raised to 720 million from 520 million at a par value of 25 satang each.

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