Post by account_disabled on Jan 3, 2024 6:58:06 GMT
Asset World Corp Public Company Limited has signed a contract to distribute new common shares to the public for the first time (IPO) worth 48,000 million baht, which is an important step in the IPO process. Common stock with the highest value ever in Thailand A total of 8,000 million shares have been allocated to institutional investors both domestically and abroad. including small investors in the country The proportion between foreign investors and domestic investors is 53 percent and 47 percent, respectively. In addition, the IPO of AWC this time is considered an IPO of a company engaged in the real estate business. (Real Estate), the largest in the world in the past 5 years, and with such offering value, as a result, AWC has the opportunity to be included in the SET50 index using the Fasttrack* criteria from Asset . World Corporation has opened the subscription of common shares for retail investors in Thailand between 25 - 27 September 2019.
It was found that retail investors in Thailand are interested in subscribing to AWC shares in large numbers amidst the volatile stock market environment. It reflects confidence in strong fundamentals. and the ability to create sustainable future growth In addition, the results of the survey on the demand for share subscription by institutional investors (Bookbuilding) also shows strong interest from leading institutional investors both in Thailand and abroad. To this end, the company has signed an underwriter appointment agreement and an initial share purchase agreement Email Marketing List overseas. The underwriters and underwriters include Kasikorn Securities Public Company Limited, SCB Securities Public Company Limited, Bualuang Securities Public Company Limited and Phatra Securities Public Company Limited, and there are initial buyers of shares abroad ( Initial Purchasers) include Merrill Lynch (Singapore) Pte. Ltd. Morgan Stanley & Co. International plc. and UBS AG, Singapore Branch, with AWC preparing to enter its first trading day on the Stock Exchange of Thailand by early October 2019. Mrs. Wanlapa Traiso Russ, Chief Executive Officer and President of Asset World Corp. Public Company Limited, revealed that “Asset World Corporation would like to thank all investors, both individual investors and institutional investors, both domestic and international.
Foreign countries that have confidence in AWC's potential as a leading real estate project development and management company in the TCC Group that focuses on providing complete lifestyle solutions in Thailand. With a diversified investment portfolio in a prime location and actively investing in AWC, Asset World Corporation will strive to build on business success with long-term sustainable value to achieve the company's ambitions. That will create opportunities for investors to have the opportunity to own businesses, develop and manage real estate projects with potential. and continue to grow and build on our success together in a sustainable way." Asset World Corporation will use the money raised this time. To expand both assets in the hotel and service business groups (Hospitality) and Commercial Real Estate (Retail & Commercial Building) through the acquisition of assets owned by the share purchase agreement in 2019, which will be new projects added to AWC's portfolio. After the IPO, including investing in developing and improving the assets of the Company and/or its subsidiaries and/or additional assets that will be acquired according to the 2019 share purchase agreement in order to create stable and sustainable growth for the Company and returns. To shareholders Additionally, some of it will be used to repay loans to reduce financial costs.
It was found that retail investors in Thailand are interested in subscribing to AWC shares in large numbers amidst the volatile stock market environment. It reflects confidence in strong fundamentals. and the ability to create sustainable future growth In addition, the results of the survey on the demand for share subscription by institutional investors (Bookbuilding) also shows strong interest from leading institutional investors both in Thailand and abroad. To this end, the company has signed an underwriter appointment agreement and an initial share purchase agreement Email Marketing List overseas. The underwriters and underwriters include Kasikorn Securities Public Company Limited, SCB Securities Public Company Limited, Bualuang Securities Public Company Limited and Phatra Securities Public Company Limited, and there are initial buyers of shares abroad ( Initial Purchasers) include Merrill Lynch (Singapore) Pte. Ltd. Morgan Stanley & Co. International plc. and UBS AG, Singapore Branch, with AWC preparing to enter its first trading day on the Stock Exchange of Thailand by early October 2019. Mrs. Wanlapa Traiso Russ, Chief Executive Officer and President of Asset World Corp. Public Company Limited, revealed that “Asset World Corporation would like to thank all investors, both individual investors and institutional investors, both domestic and international.
Foreign countries that have confidence in AWC's potential as a leading real estate project development and management company in the TCC Group that focuses on providing complete lifestyle solutions in Thailand. With a diversified investment portfolio in a prime location and actively investing in AWC, Asset World Corporation will strive to build on business success with long-term sustainable value to achieve the company's ambitions. That will create opportunities for investors to have the opportunity to own businesses, develop and manage real estate projects with potential. and continue to grow and build on our success together in a sustainable way." Asset World Corporation will use the money raised this time. To expand both assets in the hotel and service business groups (Hospitality) and Commercial Real Estate (Retail & Commercial Building) through the acquisition of assets owned by the share purchase agreement in 2019, which will be new projects added to AWC's portfolio. After the IPO, including investing in developing and improving the assets of the Company and/or its subsidiaries and/or additional assets that will be acquired according to the 2019 share purchase agreement in order to create stable and sustainable growth for the Company and returns. To shareholders Additionally, some of it will be used to repay loans to reduce financial costs.