PACO Skyrockets 184% to Close at ฿3.98 on Its First Trading Day with ฿3.1Bn Trading Value

President Automobile Industries Public Company Limited (PACO) closed its first trading day in the Market for Alternative Investment (mai) on March 22, 2021 at ฿3.98/share, increased ฿2.58/share or 184% above its IPO at ฿ 1.40/share with a trading value of 3,102 million baht.

PACO is a manufacturer and distributor of automotive air conditioning parts for domestic and foreign customers in the replacement market.