TKN Hikes 5% to ฿11.90 as Investors Expect 2nd Phase of “50-50 Scheme” to Boost Sales
TKN Hikes 5% to ฿11.90 as Investors Expect 2nd Phase of “50-50 Scheme” to Boost Sales.
The share price of Taokaenoi Food & Marketing Public Company Limited (TKN) rose ฿0.60/share or 5.31% to ฿11.90/share with a trading value of 565 million baht as of 11:53 local time on Thursday.
The rise in TKN’s share price came after the Center for COVID-19 Situation Administration (CCSA) approved the second phase of 50-50 scheme and increased the limit from 3,000 to 3,500 baht per person. The analyst expected the scheme to benefit OSP, TKN, SAPPE, and TVO.