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Bangkok Airways’ IPO imminent

Proceeds used for fleet renewal scheme

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Bangkok Airways' long-pending initial public offering (IPO) looks poised to get off the ground within the next two months, unperturbed by changes in Thailand's political landscape. 

Bangkok Airways believes it will issue its initial public offering on the Stock Exchange of Thailand in the next two months.

Puttipong Prasarttong-Osoth, president of the privately-owned regional airline, said the IPO, which may raise 10 billion baht in proceeds, could take place towards the end of July or early August.

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