PTT delays unit listing | Bangkok Post: business

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PTT delays unit listing

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PTT Plc will postpone a listing for its power business arm Global Power Synergy Co (GPSC) to early next year, citing unfavourable market conditions at present. 

A PTT source said postponement of GPSC's initial public offering (IPO) was due mainly to the ongoing political impasse.

"Next year will be the right time to list GPSC instead of the this year's third or fourth quarter as originally planned," said the source.

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