Thai Airways International (TG, Bangkok Suvarnabhumi) is aiming to raise up to THB44 billion baht (USD1.27 billion) from a share rights offering as it prepares to wrap-up a court-supervised business rehabilitation process and relist on the Stock Exchange of Thailand (SET).

In a November 26 SET filing, Thai said the asking price for the 9.82 billion new shares it would offer existing shareholders would be THB4.48 (USD0.13), with each shareholder allowed to buy 4.5 shares for each share currently owned….

Source: ch aviation
Read more: Thai Airways looks to raise ฿44bn in share rights offering