Thai meat producer Betagro Plc is seeking to raise about 20 billion baht in what would be the country’s second-largest initial public offering this year, according to people familiar with the matter.
The company is marketing its shares to institutional investors and could launch the offering as early as next month, the people said, asking not to be identified discussing confidential information.
Considerations are ongoing and details including size and timeline could still change depending on the market conditions, the people added. A representative for Betagro didn’t immediately respond to requests for comment.
