Reuters SG
Two Thai companies aim to raise as much as $2.5 billion combined from initial public offerings on the Bangkok stock exchange, said two people with direct knowledge of the planned listings, which could join a growing pipeline of Southeast Asian IPOs this year. Big C Supercenter, the supermarket arm of Thai listed trading group Berli Jucker controlled by billionaire Charoen Sirivadhanabhakdi, could raise as much as $1 billion in an IPO as early as the fourth quarter of this year, said the sources.