The Stock Exchange of Thailand (SET) president, Kittirat Na Ranong, said the SET board has approved the listing of AEON Thana Sinsap (Thailand) Plc. AEON engages in the retail finance business including hire purchase, credit cards, personal loans and factoring.
The company's initial public offering is expected in mid-November, the SET said in a statement.
AEON has registered capital of 40 mln shares at par value of 5 baht. It will increase capital by issuing 10 mln common shares.
A share distribution via IPO is required to be made within six months of the date of the SET's approval.
Source: AFX Asia
