Thai Union Feedmill IPO Price Set at 13.5 Baht
Thai Union Feedmill subsidiary of Thai Union sets IPO price and to hit trading floor late October
Thai Union Feedmill a subsidiary of Thai Union Group Pcl. (TU TB), producer and distributor of aquaculture and animal feed in a statement announced to raise 1.48 billion baht from initial public offering (IPO).
The IPO price is set at 13.50 baht per share. A total of 109.3 million shares will be offered with issuance of 90 million additional shares. Thai Union Group will offer 19.3 million existing shares.
Trading is set to begin in the Stock Exchange of Thailand (SET) on October 29, according to sources.