5% TFF YIELD SEEN
Play
State Enterprise Policy Office (Sepo) expects Thailand Future Fund (TFF) to yield an average three-year return of 5 per cent per annum.
Prapas Kong-ied, Sepo director-general, said TFF sets free float at no less than 60 per cent, using small lot first as its subscription method.
The fund's initial public offering units are set at Bt10 apiece with the subscription period being October 13-16. Institutional investors will be able to subscribe TFF units from October 20.
