Central Pattana to raise more capital | Bangkok Post: property

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Central Pattana to raise more capital

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Central Pattana Plc (CPN), the SET-listed property developer under the Central Group, is cashing in on the stock market's bull run by selling new shares to raise capital. 

The retail property developer will offer 130.4 million new shares through a private placement to pursue new investment opportunities.

The new shares will be sold to local and overseas institutional buyers or specific investors and the subscription is likely to be held in May, an informed source at CPN said.

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