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Thai Broadband fund Jasmine postpones $1.2b IPO

Thai Broadband fund Jasmine postpones $1.2b IPO

BANGKOK: Jasmine Broadband Internet Infrastructure Fund Thailand has pushed back the listing of an up to $1.2 billion initial public offering to January due to a delay in approvals from stock market regulator on Monday.

Books were to originally close on December 8 with a listing targeted for December 22. Bookbuilding will resume in early January.