reader Posted October 28 Posted October 28 From The Nation Thai Airways International Pcl has begun talks to attract foreign airline industry partners to invest through a targeted private placement as part of its capital restructuring exercise, a source revealed. On September 30, the company submitted its securities offering report and filing for capital restructuring to the Securities and Exchange Commission (SEC) and the Stock Exchange of Thailand (SET). Currently, Thai Airways is conducting a roadshow and following market procedures to inform existing shareholders about the debt-to-equity conversion process, with rights expiring in November. As part of this conversion, Thai Airways will offer up to 9,822,473,626 newly issued common shares, including any shares remaining from the voluntary conversion, to designated parties as per the plan: tm_nyc and TMax 1 1 Quote