Thai Union begins initial public offering of petcare subsidiary shares

Thai Union announced on 17 October it will allocate shares of its petcare subsidiary, i-Tail Corporation Public Company Limited (ITC), to Thai Union’s shareholders as part of an initial public offering (IPO) of the ITC.

ITC got approval from Thailand’s Office of the Securities and Exchange Commission for its IPO on 20 September. According to the plan of the IPO, 660 million ordinary shares of ITC, including …

Photo courtesy of i-Tail Corporation/Thai Union