Newsletter

CIVIL knocks IPO selling price at 4.60 baht/share, open for reservation 19-21 Jan : InfoQuest

Civil Engineering Public Company Limited (CIVIL) has set the price for the initial public offering (IPO) at 4.60 baht/share with a par value (par) 1 baht/share. You can buy IPO shares between 19 – 21 Jan. 65, which has an underwriter and underwriter, Bualuang Securities, which is also a financial advisor to the company.

By this IPO, the Company will offer an IPO of 200 million shares, representing 28.57% of the company’s total issued and paid-up ordinary shares. After the offering of newly issued ordinary shares in this time by the proportion of the IPO according to the investor group that will be allocated

Divided into a group of institutional investors and juristic persons who are able to participate in the survey, 60% proportion, underwriters’ discretion, 19.07%, the Company’s patron and its subsidiaries 15% ratio Directors and/or executives of the Company 4.35% and employees of the Company and its subsidiaries, the proportion is 1.58%

For the purpose of using the proceeds from the IPO, consisting of funds for additional investment in machinery and equipment used in construction projects 442 – 530 million baht, used to repay loans from financial institutions, 177 – 265 million baht, and money Working capital in business operation 88.4 – 264.4 million baht, which will support the period of use of money from IPO during the year 65-66.

By InfoQuest News Agency (18 Jan 65)

Tags: CIVIL, Civil Engineering Ring, Thai stocks