Thai Jasmine delays $1.2 billion Broadband fund IPO to January
By Reuters
Dec 08, 2014 05:20 AM EST
Regions
Investor hype had been observed in recent initial public offerings.
Thailand's Jasmine Broadband Internet Infrastructure Fund has pushed back the listing of an up to $1.2 billion initial public offering to January due to a delay in approvals from stock market regulator, IFR reported on Monday.
Bookbuilding will resume in early January, according to IFR, a Thomson Reuters publication. Books were to originally close on December 8 with a listing targeted for December 22.
Company executives were not immediately available to comment.
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