G Steel forges IPO

Downsized deal enables company to fund its capex plan.
January 19, 2006

G Steel, Thailand's second largest producer of hot rolled steel coils, has priced the country's first IPO of the year towards the top end of its indicative price range at Bt1.60 per share, netting the company proceeds of Bt2.4 billion ($60.9 million).

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