Jasmine International is the latest Thai company to launch an infrastructure fund, underlining the increasing popularity of the innovative financing tool.
Jasmine reported to the Stock Exchange of Thailand yesterday that its board approved a fund-raising plan via an infrastructure fund listing. The listing is expected to be between 50 and 70 billion baht.
Under the plan, Jasmine will sell 610,000 core kilometres of its broadband fibre-optic cable networks, 16,000 access nodes and other cables.
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