Airports of Thailand
The status, timeline and source of this project. A free account opens every field.
Source: World Bank Group
In March of 2004, state-owned Airports of Thailand PCL (AoT) sold a 30% stake or 412.57 million shares in an IPO on the Stock Exchange of Thailand (SET) to raise THB17.33 billion (US$439 million). The Finance Ministry, which retained the 70% stake, sold 58.7% of the offered shares to local investors and the remaining 41.3% to foreigners. The portion for local retail investors was oversubscribed
- Status
- Prospective
- Sector
- Airport, Commercial, Residential, Aerospace & Defense, Government
- Location
- Thailand
- Updated
- 22 Jul 2026
- Source
- World Bank Group
ConstructChat
Ask ConstructChat about Airports of Thailand
Pick a question to edit it, or write your own.
First answer free · no account
Project Information FAQ
Project Information
Participants
Sponsoring Agency |
Status
Original status | Active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | In March of 2004, state-owned Airports of Thailand PCL (AoT) sold a 30% stake or 412.57 million shares in an IPO on the Stock Exchange of Thailand (SET) to raise THB17.33 billion (US$439 million). The Finance Ministry, which retained the 70% stake, sold 58.7% of the offered shares to local investors and the remaining 41.3% to foreigners. The portion for local retail investors was oversubscribed 8.5 times, while the portion for local and foreign institutional investors was oversubscribed as much as 18 times. AoT, registered as a corporation in September 2002, operated five airports in Thailand, which were Bangkok International Airport, Chiang Mai International Airport, Chiang Rai International Airport, Phuket International Airport and Hat Yai International Airport. The company's sixth airport, New Bangkok International Airport, or Suvarnabhumi, was scheduled to open in September 2005 and was expected to provide a further boost to earnings. Proceeds from the IPO were to be used to fund construction of the new airport. About 61% of AOT's revenue came from landing and passenger fees, with the rest provided by concessionary cargo and ground services and rents for office space. None None |
Original sector | Transport |
Budget |
Location
Country | Thailand |
Source
Source reliability | High |
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Airport, Commercial, Residential, Aerospace & Defense, Government |
Article published date | 2023-02-20 |
Research
Free account
View all details
You are reading the public part. A free account opens the rest:
- Every detail on this project
- News and media coverage
- Technical research
Free account · no card · lands you back on this project
More Airport projects in Thailand
- Yellow line of Bangkok mass rapid transit (MRT) system
- Larnaca SWRO
- Shatin Sewage Treatment Works Expansion
- QGC’s Kenya Water Treatment Plant, Queensland
- Southern Seawater Desalination Plant, Australia
- Saryu Class Naval Offshore Patrol Vessels (NOPV)
- MQ-25 Stingray Unmanned Aerial Refuelling Aircraft
- Protecteur Class Auxiliary Vessels