Thailand Future Fund IPO set for October

The long-awaited Thailand Future Fund (TFF) looks set to be allocated to the public in the second week of October, with at least 60% of its units being offered to retail investors, says the head of the State Enterprise Policy Office (Sepo).

Finance Minister Apisak Tantivorawong suggested the infrastructure fund would raise 45 billion baht from the impending initial public offering (IPO) and retail investors , said Prapas Kong-Ied, Sepo director-general.

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Wichit Chantanusornsiri