Investors climb aboard $110m VGI Global sell down

By John Loh
31 May 2018

The parent of Thailand’s VGI Global Media bagged Bt3.5bn ($110m) from a larger-than-expected overnight share sale on Wednesday.

BTS Group Holdings, the operator of the Bangkok train network, launched the sell down after market hours through sole bookrunner Credit Suisse. The deal was pitched at a fixed price of Bt7.60 a share to raise Bt3.2bn.

The vendor initially offered 421m secondary shares in VGI, its advertising ...

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