A unit of Singapore state investor Temasek Holdings is selling 200 million shares or a stake of 6.2 percent in Thailand's Shin Corp Pcl in a deal that could raise as much $261 million, IFR reported on Wednesday.
The indicated price range is 40.10-41.60 Thai baht, a discount of as much as 7.8 percent to the Thai company's closing share price, IFR said. Full story
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EQUITIES: Temasek unit launches Bt8.3bn block in Shin Corp - IFRe.com
Temasek sells off 200m Shin shares - Bangkok Post
Shin Says Temasek Unit to Sell Stake to Increase Free-Float - Bloomberg
Temasek Unit Raises $254.5 Million From Shin Corp Stake Sale - Sources - Fox Business