Thailand Future Fund to be launched in Q2

[webfact]

Thailand Future Fund to be launched in Q2
By SASITHORN ONGDEE
THE NATION

 

BANGKOK: -- THE STATE Enterprise Policy Office expects to launch the delayed Thailand Future Fund, worth Bt40 billion to Bt50 billion, in the second quarter as one of the government’s financial tools for infrastructure development.

 

SEPO director-general Ekniti Nitithanprapas said yesterday at the “SET Thai Corporate Day” seminar that the first tranche of the TFF’s initial public offering (IPO) prospectus worth Bt40 billion to Bt50 billion would be filed with the Securities and Exchange Commission in March before being made available for sale to the public next quarter.

 

One-third of the fund will be used to complete the construction of the Rama III-Dao Khanong expressway project and the rest for other projects, Ekniti said. He added that the fund’s coupon rate was being considered. 

 

Full story: http://www.nationmultimedia.com/news/business/EconomyAndTourism/30304255

 

-- © Copyright The Nation 2017-01-17

[JAG]

Perhaps better named " Bangkok Future Fund".

[rkidlad]

I did wonder why so many committees had been set up recently. Guess it's feeding time. 

[Srikcir]

4 hours ago, webfact said:

the fund’s coupon rate was being considered. 

A very critical element of the fund. Something over 8% might be attractive.