CK Power (CKP), a subsidiary of Ch. Karnchang Plc, is proceeding with its plan to go public by launching an initial public offering (IPO) next week after the stock market has stabilised.
The IPO subscription period is slated for July 10-12, and the shares will trade on the Stock Exchange of Thailand (SET) this month, said Kongkiat Opaswongkarn, the chief executive of Asset Plus Securities, one of the lead underwriters.
CKP, which invests in power ventures, will sign underwriting agreements on Monday.
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