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Sunday, April 28, 2024

Line Man Wongnai ‘pursuing B10-billion IPO’

App-based delivery business sounding out underwriters in hope of listing on SET next year

A Line Man Wongnai delivery rider picks up an order. (Photo: Line Man)

The local delivery company Line Man Wongnai has started preparations for an initial public offering (IPO) in Bangkok that could raise around 10 billion baht, according to people with knowledge of the matter.

The app-based business is working with local advisers…

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