Monday, 5 March 2012

Motorcycle-paint maker sets IPO price at B3.

Byline: Ploy Chitsomboon

Oct. 8--Eason Paint Plc, one of the country's leading automotive paint manufacturers, has set its initial public offering price at three baht a share, with the funds raised to be utilised to expand its facilities to meet growing demand.

Eason, which has appointed Globlex Securities Plc as its financial adviser, said the company hoped to be able to raise as much as 180 million baht from the sale of 60 million shares of one-baht par value, accounting for about 30 percent of its total registered capital of 200 million baht.

The public offering is planned from Wednesday to Friday, with the shares expected to start trading on Oct …

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