Amata B.Grimm sets IPO price | Bangkok Post: business

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Amata B.Grimm sets IPO price

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Amata B.Grimm Power Ltd, majority owned by the local trading conglomerate B.Grimm, has priced its 600 million initial public offering (IPO) trust units of its infrastructure fund at an indicative range of 10.50 to 11 baht. 

Kasikorn Asset Management executive chairman Chongrak Rattanapian (right), Amata B.Grimm Power president and executive chairman Preeyanart Soontornwata (centre) and Kasikornbank investment banking head Suradech Kietthanakorn (left) attend a press briefing about the Amata B.Grimm Power Infrastructure Fund (ABPIF). SOMCHAI POOMLARD

The IPO is expected to generate up to 6.5 billion baht to finance the company's business expansion.

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