PTT Oil & Retail Business Plc, the retail unit of PTT Plc, jumped in its trading debut after raising about 54 billion baht in the country’s biggest initial public offering in almost a year.
Shares surged 63% to close at 29.25 baht in Bangkok, ranking the debut as the best on record for an IPO raising more than $500 million, according to data compiled by Bloomberg.
The company sold 2.61 billion shares to the public at 18 baht each, the top end of the…
