Thai Airways International aims to raise about 15 billion baht ($475 million) in a public offering and will use some of the money to finance aircraft on order. The Star Alliance carrier will issue up to one billion new shares to new investors and existing shareholders, says Thai VP of Investor Relations, Raj Tanta-nanta. The Ministry of Finance has a 51% stake in the flag carrier and has said it will pay 7.5 billion baht ($237 million) to maintain its stake, says Raj. Based on that ...
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