Thursday, January 13, 2011

Thai's Sri Trang Agro to raise $360m in Singapore listing

Thailand’s Sri Trang Agro-Industry (STA.BK) is looking to raise up to $360 million in its dual listing in Singapore, according to a term sheet seen by Reuters on Thursday.

The company will offer up to 280 million shares during the offering and could raise between $280 million to $360 million in the share offering, it said.
 
Standard Chartered (STAN.L) is a joint bookrunner for the deal. The listing is expected to take place on jan 28, the term sheet said.
 

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