Tee Land’s Thai associate gets green light for IPO
Listing is expected in 1H16.
Chewathai, Tee Land’s associated company in Thailand, has received listing approval from the Securities and Exchange Commission, Thailand.
Depending on prevailing market conditions, Chewathai’s IPO is expected to be in the first half of 2016.
Chewathai’s listing plans were first revealed in May this year.
None of TEE Land’s directors or controlling shareholders has any direct or indirect interests in the above transaction save for their respective shareholdings in the company.