Wednesday, February 13, 2019

Thai stake in Nok dilutes to 16% after new share issue

Nok Air has completed a Bt2.3 billion ($73.3 million) capital raising exercise, which has diluted Thai Airways International’s stake in the budget carrier from 21.8% to 16%. The exercise closed on 6 February, with existing shareholders allocated one new share for every 2.5 shares held. The new shares were priced at Bt2.75, Nok states in […]

source http://www.ncairways.co/aviation/thai-stake-in-nok-dilutes-to-16-after-new-share-issue/

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