PTTEP appeals with ‘no-brainer’ after Tesco Lotus flies

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PTTEP appeals with ‘no-brainer’ after Tesco Lotus flies

Tesco Lotus Retail Growth Freehold & Leasehold Property Fund closed its preferential offering on Monday, raising Bt7.32bn ($238.4m) after the entire deal was taken up by existing unitholders. That set a template that bankers working on a similar rights offer for PTT Exploration and Production are hoping to follow.

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