ARIN Debuts the First Trading Day with a Drop of 10% to ฿1.63, Lower than IPO at ฿1.80

Arinsiri Land Public Company Limited (ARIN) debuted its first trading day to open at THB 1.63, fell THB0.17 or 10.42%. The highest ARIN’s share price was THB1.65 and the lowest was THB1.62 with a trading value of THB24 million. ARIN issued a total of 150 million of IPO at a price of THB1.80/share on July 1-3, 2019, having Country Group Securities as an underwriter.

ARIN was registered on 13 August 2014 with registered capital of THB10,000,000. Arin focuses on real estate development for sale. The target customers of ARIN are staff members and government officers who live in Chonburi and its nearby urban. These customers want to move out of the old living area. ARIN is to be number one of the real estate developers in East of Thailand. ARIN also focuses to design uniqueness project, construction quality and excellent after sales service. With the objective of making an impression and worthwhile to the customer, the real estate projects of the company are successful in sales and good feedback leading to continue the real estate development project.