Bangkok Airways prepared for IPO

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By TESTCustomwebLP TESTCustomwebLP March 28, 2014 20:36

Bangkok Airways prepared for IPO

Bangkok Airways has come to an agreement with the Securities and Exchange Commission (SEC) on its accounting system that will clear the path for it to launch an initial public offering (IPO). The SEC was concerned that the airline could understate its liability involving the Samui Property Fund (SPF), which owns Samui Airport. SPF is a major asset of Bangkok Airways.

Following the agreement, the IPO could now be launched between mid-year and the third quarter.

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By TESTCustomwebLP TESTCustomwebLP March 28, 2014 20:36
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