PTT Aromatics and Refining to trade on Thai bourse on January 2
PTT Aromatics and Refining PCL (PTTAR) will commence trading on The Stock Exchange of Thailand (SET) in the Energy and Utilities sector from January 2, 2008 with almost THB 30 billion (approx. USD 887.57 million) registered capital. The company is poised to become a market leader in the refinery and aromatics industries.
The firm’s securities will use “PTTAR” as their trading symbol.
On its first trading day, there will be no ceiling or floor prices on the main board as there are with other new listings. PTTAR will be included in the SET50 and SET100 indices after the close of business on January 2, 2008, SET Executive Vice President-Capital Market Opportunity Center Mr. Vichate Tantiwanich said.