Ananda Development eyes Thai IPO of up to $250 million

The founding family of the Thai property developer is aiming to raise the company's free-float to 40% through an offering of new shares.
<div style="text-align: left;"> Ananda Development builds condominiums close to prime transport hubs </div>
<div style="text-align: left;"> Ananda Development builds condominiums close to prime transport hubs </div>
November 01, 2012

Bankers started investor education yesterday for Ananda Development, a property developer that is aiming to raise $200 million to $250 million from an initial public offering in Thailand. The listing is scheduled for early December.

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