IFG member IFS Capital plans to launch on the Stock Exchange of Thailand in August 2010, floating 120m shares in an IPO which will place 25% of the company’s shares with public investors. The launch is expected to raise over 100m Baht for use in expanding the business.

As Mr Tan Lay Yen, CEO puts it, “We have a long history in factoring and… factoring in Thailand has ample room for growth.”

IFG wishes IFS Capital every success in its IPO and exciting expansion plans.