Thai Jasmine delays $1.2 billion Broadband fund IPO to January: IFR

Reuters News
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Posted: Dec 08, 2014 12:46 AM

BANGKOK (Reuters) - 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.

(Reporting by S. Anuradha of IFR; Writing by Khettiya Jittapong; Editing by Stephen Coates)