True fund starts roadshow for up to $1.48bn IPO

The Thai telecom infrastructure fund will have a total value of $1.8 billion and comes with a fixed forward yield of 8.8%.

True Telecommunications Growth Infrastructure Fund (True GIF) has launched the management roadshow for its initial public offering and is aiming to start the institutional bookbuilding on Wednesday, subject to a final approval from the Thai regulators.

¬ Haymarket Media Limited. All rights reserved.

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