The US$1.2bn IPO of Thailand’s Jasmine Broadband Internet Infrastructure Fund has reportedly been pushed back a month to January.
Books were originally set to close today but the process has been put on hold because of regulatory delays, reported…
The US$1.2bn IPO of Thailand’s Jasmine Broadband Internet Infrastructure Fund has reportedly been pushed back a month to January.
Books were originally set to close today but the process has been put on hold because of regulatory delays, reported IFR.
The fund’s launch has already been delayed for around a year because of legal issues and Thailand’s political uncertainty.
The company said last month that the transaction is being reviewed by the Securities and Exchange Commission.
JVS Financial Advisory has been hired for financial advice relating to the fund, according to a filing a few weeks ago. Bualuang Securities has reportedly been hired to advise on the listing.
