Independent Thai power producer Gulf Energy Development Pcl plans to issue up to 533.3 million shares, or up to 24.99% of the company, in an initial public offering occurring by year-end, a filing with the Stock Exchange of Thailand disclosed. Kasikorn Securities, Siam Commercial Bank and Bualuang Securities have been named financial advisors to the IPO.Gulf, a holding company with electricity, steam and chilled water generating power projects and other related businesses, currently has......
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