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.
![Debt-Ridden Thai Firm Seeks Up to $446 Million From Share Sale](https://img.easybranches.com/uploads/news/2024/09/debt-ridden-thai-firm-seeks-up-to-446-million-from-share-sale.jpg)
(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