“Ngern Tid Lor” Announces a Preliminary IPO Price Range at THB34.00 – 36.50 per Share

Bank of Ayudhya Public Company Limited (BAY) has announced that Ngern Tid Lor Public Company Limited (TIDLOR), its subsidiary, will set a preliminary IPO price range at Baht 34.00 – 36.50 per share, and it is expected that the final offering price will be announced on April 28, 2021.

Non-bank that provides personal loan licensed by the Bank of Thailand, focusing on vehicle title loan, hire purchase financing services for used of second-hand trucks and other types of loan include life and non-life insurance brokerage services under brand “Ngern Tid Lor”