TMB-TCAP Complete the Share Allotment at ฿2.16, Expecting Slight Effect to Share Price
TMB-TCAP completed the share allotment at ฿2.16/share while it is expected that the new shares to be traded tomorrow would have a slight effect on share prices.
TMB Bank Public Company Limited (TMB) has announced the completion of shares allotment for a total of 25,113,805,279 shares at a value of ฿2.16/share to Thanachart Capital Public Company Limited (TCAP), Scotia Netherlands Holding B.V. (BNS) and minority shareholders of Thanachart Bank Public Company Limited (TBANK) at a total amount of 54,245,819,402.64 baht.
The shares that TMB raised from capital increase will be publicly traded on December 4, 2019, while a source revealed that the trading tomorrow would have a slight impact on the share price as the Ministry of Finance and Vayupak Fund tends to hold their portion for dividend payment while TCAP and BNS would also hold on their shares.