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Debt-Ridden Thai Firm Seeks Up to $446 Million From Share Sale

Energy Absolute Pcl is seeking to raise as much as 15 billion baht ($446 million) by selling new shares to shore up its finances and restore investor confidence after a fraud probe sent the Thai renewable company’s stock to a record low.


  • Sep 06 2024
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Debt-Ridden Thai Firm Seeks Up to $446 Million From Share Sale
Debt-Ridden Thai Firm Seeks Up to $446 Million From Share Sale
(Bloomberg) — Energy Absolute Pcl is seeking to raise as much as 15 billion baht ($446 million) by selling new shares to shore up its finances and restore investor confidence after a fraud probe sent the Thai renewable company’s stock to a record low. Read More

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