FUND-RAISING
BTS lays tracks for infrastructure IPO
- Published: 20 Mar 2013 at 00.00
- Newspaper section: Business
The SET-listed BTS Group Holdings Plc wants to bid for three mass-transit rail projects worth a combined 100 billion baht, of which 30 billion will be allocated from the imminent launch of its infrastructure fund.
BTS chairman Keeree Kanjanapas (second from right) and other executives discuss the BTS Rail Mass Transit Growth Infrastructure Fund, the country’s first infrastructure fund and the largest IPO in SET history, at BTS headquarters yesterday. PANUMAS SANGUANWONG
Chairman Keeree Kanjanapas said the BTS, the first company to raise funds through an infrastructure fund, plans to bid for the Green Line extensions from Mor Chit to Saphan Mai and from Bearing to Samut Prakan. The Pink Line from Khae Rai to Min Buri is expected to call for bids no later than next year, while an 18-kilometre light-rail project from Bang Na to Suvarnabhumi airport is in the pipeline.
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