SEC approves KEX IPO for December debut
Retail subscriptions open next week
Kerry Express (KEX), the express delivery operator, announced its IPO price range at 25-28 baht, expected to be traded on the Stock Exchange of Thailand (SET) by the fourth week of December.
Veena Lertnimitr, executive vice-president for investment banking function and KEX’s financial adviser, said the Securities and Exchange Commission has approved KEX’s IPO application, which became effective on Tuesday, with the initial price range set at 25-28 baht.
The final price is expected to be announced on Dec 15.
Subscriptions will be available for retail investors during Dec 8-9 and 14, and for institutional…
