Gulf poised to acquire InTouch bangkokpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bangkokpost.com Daily Mail and Mail on Sunday newspapers.
OR deems IPO a historic fundraising round
6
Board considers selling 390m more shares
published : 4 Feb 2021 at 08:10
6 PTT petrol stations are among businesses run by PTT Oil and Retail Business (OR), a subsidiary of PTT, one of the country’s largest conglomerates. (Photo supplied)
PTT Oil and Retail Business (OR) has recorded 530,000 subscriptions for OR shares among retail investors at the final price of its IPO at 18 baht per share in what it says is a historic fundraising round.
The number of retail investors is expected to increase as the OR board is considering selling 390 million more shares through a green-shoe option.
ITD seeks state help over Dawei issue
5
published : 16 Jan 2021 at 04:00
5 ITD received a notice of termination for seven concession agreements from the Dawei Special Economic Zone Management Committee.
SET-listed Italian-Thai Development Plc (ITD) submitted a request for government help on Friday to Prime Minister Prayut Chan-o-cha after the Dawei Special Economic Zone Management Committee (DSEZ MC) sent a notice of termination for seven concession agreements at Dawei special economic zone (DSEZ) to five project companies in which ITD has partial ownership.
Speaking after meeting with the prime minister, Deputy Prime Minister Supattanapong Punmeechaow, chairman of the Thai-Myanmar Joint High-Level Committee (JHC) for the DSEZ, said he told Gen Prayut about possible procedures for the government. He is awaiting a response from the Finance Ministry and related agencies in handling the issue.
Government pledges to press on with DSEZ
published : 15 Jan 2021 at 04:00
2
The government remains adamant it is continuing its long-delayed Dawei special economic zone (DSEZ) project and vows to find solutions to obstacles at a tripartite meeting between Thailand, Japan and Myanmar.
Deputy Prime Minister Supattanapong Punmeechaow, who is chairman of the Thai-Myanmar Joint High-Level Committee (JHC) for the DSEZ, said Thailand s government agencies are looking for solutions before the next JHC meeting, which has not been scheduled.
Any solutions approved by the JHC will then be proposed to the tripartite meeting, said Mr Supattanapong. The Dawei project should be not only a deep-sea port, but also a location for industrial development, he said.
BANGKOK, Jan 8 (Reuters): The Stock Exchange of Thailand on Friday said it was seeking to boost its market capitalisation this year by 500 billion baht (US$16.61 billion) through initial public offerings (IPOs) and secondary listings.
Last year, the market capitalisation of IPOs in Thailand was 555 billion baht, the exchange said in a statement.
That was driven by the country s largest listings, Central Retail Corporation Pcl and SCG Packaging Pcl, each raising over US$1 billion. The target for new listings is high, similar to the last two years, said the head of the exchange s Issuer and Listing Division, Manpong Senanarong.
The index also hopes to attract foreign listings from neighbouring countries and support fundraising for small businesses and startups, he said.