Greenshoe Options Return to “Charoen Sirivadhanabhakdi,” Hiking the Stake over 27%!

The Securities and Exchange Commission (SEC) has announced that Mr. Charoen Sirivadhanabhakdi had submitted the Reports on Acquisition or Disposition of Securities of Asset World Corp Public Company Limited (AWC) as of November 15, 2019, at the percentage of 3.2593%. The total stake for Mr. Charoen after the acquisition is 27.5624%.

 

The acquisition of 3.2593% on November 15, 2019, is the over-allotment of 1,043,000,000 newly-issued ordinary shares that were borrowed from Mr. Charoen Sirivadhanabhakdi to deliver to the subscribers by the Agent which is Phatra Securities.

The Over-Allotment Agent shall procure the aforementioned number of shares by purchasing AWC’s shares traded on the Stock Exchange of Thailand (SET) or by exercising the right to purchase AWC’s shares allocated for such purpose, in the total number of 1,043,000,000 shares, within 30 days from the date on which AWC’s shares start trading on the SET, which would fall on 8 November 2019.

The share price of AWC closed the morning session at ฿5.95/share, dipped ฿0.10/share or 1.65% with a trading value of 218 million baht.