Thailand Future Fund IPO delayed by cost concerns
The planned initial public offering of the Thailand Future Fund will be pushed back for another three months to September as concerns over the cost of launching the fund continue. Expressway Authority of Thailand, the owner of two expressways to be pooled as underlying assets in the government’s infrastructure fund, said it was concerned about the high financial costs. Expressway Authority of Thailand, the owner of two expressways to be pooled as underlying assets in the government’s infrastructure fund, said it was concerned about the high financial costs. Exat is not only the state agency concerned about the TFF’s financing costs.
