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Tuesday, May 14, 2024

Big C postpones share sale

Retailer cites market conditions in delaying planned return to Stock Exchange of Thailand

(Photo: Bloomberg News)

The supermarket and convenience store operator Big C Retail Corp has postponed its planned initial public offering and return to on the Stock Exchange of Thailand, citing market conditions.

The company delayed the share listing after management considered the interests of shareholders and other stakeholders, Big C chief executive officer Aswin Techajareonvikul said in a statement on Tuesday.

Big C was seeking to raise about 35 billion baht in the share sale,…

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