Daily BriefsThailand

Daily Brief Thailand: Betagro and more

In today’s briefing:

  • Betagro Pre-IPO Peer Comparison – Margins Historically Weaker than Peers, but Playing Catch Up

Betagro Pre-IPO Peer Comparison – Margins Historically Weaker than Peers, but Playing Catch Up

By Clarence Chu

  • Betagro (BTG TB) is looking to raise about US$460m in its Thailand IPO.  
  • Betagro is an integrated agro-industrial and food business in Thailand. 
  • Betagro identified three Thailand-listed companies which we included in our peer comparison exercise to determine how it has fared against its direct peers. 

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