Siam Gas sets IPO price at 8 Baht Subscription dates are May 15-16 and 20-21
Siam Gas or “SGP” is going to offer 280 million IPO shares at 8 Baht apiece. Subscriptions for the offering are set for May 15-16 and 20-21. Siam Gas is expected to start trading on the Stock Exchange of Thailand, under the Energy and Utilities Sector early next month.
KTB Securities is the lead underwriter.
Mr. Supachai Weeraborwornpong, Managing Director of Siam Gas and Petrochemicals Public Company Limited, one of the largest Liquid Petroleum Gas (LPG) professional traders in Thailand, said “Siam Gas has held a signing ceremony to appoint KTB Securities as the lead underwriter for our initial public offering, with seven co-underwriters including Kim Eng (Thailand) Plc., ACL Securities Co., Ltd., AIRA Securities (Thailand) Plc., Capital Nomura Securities Plc., KGI Securities (Thailand) Plc., Merchant Partner Securities Plc., and Siam City Securities Co., Ltd.”
For over 30 years has the company been operating and seeing good operating performance. The company always keeps up with the standards and offers quality products, thus able to continually secure increasing customer base in the past 30 years.