SAK Soars 90% above the IPO Price to ฿7.05 on the First Trading Day!
SAK Soars 90% above the IPO Price to ฿7.05 on the First Trading Day!
Saksiam Leasing Public Company Limited (SAK) debuted its first trading day in the Stock Exchange of Thailand (SET) with a gain of 90.54% at the opening to trade at ฿7.05/share from its IPO of ฿3.70/share.
SAK provides loan service under the regulations of the Bank of Thailand (BOT) including vehicle title loan, personal loan and other loan. The company has a dividend payment policy at the rate of no less than 40% of net profit of the company after corporate income tax and legal reserves.