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Nok Air prices shares at USD0.84 for initial public offer

10-Jun-2013 11:10 AM

Nok Air set a price of THB26 (USD0.84) per share for its initial public offering, to raise THB4.87 billion (USD158 million) to finance its fleet expansion (Reuters, 07-Jun-2013). The airline plans to add six new aircraft in 2013, to its current fleet of 18.