BLA maintains listing plan

By The Nation

Bangkok Life Assurance Plc (BLA) is pressing on its plan to list on the Stock Exchange of Thailand in October, undeterred by continued political turmoil, on confidence that the stock would be warmly welcomed by investors.

The roadshows were launched this month, to sell the shares of which indicative price range is Bt12.50-Bt14 per share.

Chan Vathanakul, president of the company, said institutional and individual investors warmly welcomed the new stock during the roadshows which raised the public awareness in the company.

"Under the indicative prices, we are to raise Bt2.5-Bt2.8 billion from the initital public offering. The price should be finalised after the bookbuilding late this month, when market sentiments are to be taken into account," Chan said.

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BLA maintains listing plan

Bangkok Life Assurance Plc (BLA) is pressing on its plan to list on the Stock Exchange of Thailand in October, undeterred by continued political turmoil, on confidence that the stock would be warmly welcomed by investors.

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