Thailand Future Fund Pre-IPO - Widely Differing Asset Yields
Thailand Future Fund (TFFIF TB) plans to raise up to US$1.2bn in its IPO to fund the acquisition of 45% interest in two expressway assets from the...
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Thailand Future Fund (TFFIF TB)
Thailand Future Fund (TFFIF TB)
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Industrials • Thailand
Thailand Future Fund (TFFIF) is a closed-end, non-redeemable mutual fund established by the State Enterprise Policy Office (SEPO) of Thailand to finance public infrastructure projects. The fund primarily invests in revenue rights from existing expressways, such as the Chalong Rat and Burapha Withi Expressways, and aims to support new projects across transport and telecom sectors. It seeks to reduce reliance on annual government budgets, promote capital market growth, and offer long-term, low-volatility investment opportunities. The fund was founded on November 24, 2016, and is headquartered in Bangkok, Thailand.
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