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 1 billion new shares to new investors and existing shareholders, says Thai VP-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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