Thailand

Thai paint producer TOA Paint is looking to raise up to Bt12.2bn ($368.5m) from its IPO, set for the last week of September.

Thailand's Prima Marine has secured Bt5.2bn ($156.9m) from its IPO of 650m shares, according to a company announcement on Monday.

Thai firm Prima Marine was set to wrap up bookbuilding for its Bt5.2bn ($156.9m) IPO on Friday.

TOA Paint will start sounding out investors for its up to $400m IPO in Thailand next week, said a banker on the deal.

Buriram Sugar Group Power Plant Infrastructure Fund priced its IPO in Thailand near the top of the marketing range last Friday to raise Bt3.6bn ($108.2m).

Thai property developer Singha Estate raised $229m on Wednesday from its first visit to the equity capital market, tapping international and domestic investors with a convertible bond and share placement combo.

Thailand’s PTT Exploration and Production (PTTEP) raised $500m from its new perpetual non-call five bond on Wednesday, while simultaneously conducting a buyback of its existing notes.

Thailand’s PTT Exploration and Production (PTTEP) began marketing a perpetual non call five on Wednesday as part of a liability management exercise.

B. Grimm Power raised Bt10.4bn ($305.9m) last Friday after pricing its Thailand IPO near the top of expectations, amid a recovery for stocks in the utility sector.

Metallurgical Corporation of China (MCC), China National Chemical Corporation and Thailand’s PTT Exploration and Production are out in the market, gauging appetite for their respective bonds.

B.Grimm Power Public has begun the roadshow for its up to Bt11.8bn ($350m) IPO on the Stock Exchange of Thailand (SET).

Thailand’s PTT Exploration and Production is chasing a potential dollar deal, with an international roadshow beginning on Monday.