Thai state energy giant pushes on with PTTOR listing

By Jonathan Breen
03 Apr 2020

Thailand’s state-owned oil and gas conglomerate PTT is moving forward with the IPO of its subsidiary PTT Oil and Retail Business.

The company, wholly-owned by PTT, submitted an application on Thursday with the country’s Securities and Exchange Commission, seeking approval for a primary share listing, according to an exchange filing by its parent.

PTTOR is planning to issue 2.7bn new ordinary shares for its IPO on the Stock Exchange ...

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