Phuket Hotel Group To Undertake IPO
The island-based hospitality group Kata Group Resorts has made public plans to undertake an initial public offering (IPO) on the Stock Exchange of Thailand in 2017.
Asset Pro Management has been engaged as advisors for the exercise.
One of the key pipeline projects is a large-scale hotel and community mall in Patong, which will be called The Landmark.
Currently the group operates under the Kata and Beyond brands.
New projects under planning include Kamala Phuket, Pattaya and Hua Hin.