Better World Drops Most Since October 2008 in Thailand After Share Offer
Better World Green Pcl (BWG), a Thai provider of waste-management services, fell the most in more than two years in Bangkok trading after saying it may issue new shares to existing investors.
The stock dropped 14 percent to 1.83 baht as of 11:45 a.m. local time, the biggest decline since October 2008.
The company may issue 320 million new shares and offer investors one new share for each one held, it said today in a regulatory filing.
To contact the reporter on this story: Tony Jordan in Bangkok at email@example.com
To contact the editor responsible for this story: Tony Jordan at firstname.lastname@example.org