Thai Hotel Empire Weighs $1 Billion REIT, Unit IPO to Cut Debt
Minor International Pcl — Thailand’s largest hotel and restaurant chain operator — plans to set up its first real estate investment trust worth about $1 billion, and is exploring a...
By Anuchit Nguyen · Bloomberg Markets
Minor International Pcl — Thailand’s largest hotel and restaurant chain operator — plans to set up its first real estate investment trust worth about $1 billion, and is exploring a Hong Kong listing of its restaurant unit to raise funds for debt repayment.