Billionaire Charoen’s Asset World Targets $1 Billion REIT IPO
Asset World Corp is planning a $1 billion IPO for a new Thai Real Estate Investment Trust. The company intends to use the funds to expand its hotel and commercial property portfolio.
Asset World Corp Pcl’s new Thai Real Estate Investment Trust aims to raise at least $1 billion through a listing as it seeks funds to expand its hotel and commercial property business, according to a senior executive.
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