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Oil Company Shares to Enter Thailand's Market.
Byline: Busrin Treerapongpichit
Nov. 6--Shareholders' confidence in PTT Plc will be tested today when the silent period for 5.25 million shares held by the company's staff ends.
The shares represent one-third of the 15.75 million PTT shares sold to the company's staff at par value of 10 baht each in November last year. The remaining two-thirds will be unlocked in equal portions next year and the year after.
The company's executives and analysts are wondering how many shares would be sold and how PTT's share price would be affected.
PTT shares closed at 38.75 baht yesterday, up 25 satang, in trade worth 102.5 million baht. The initial ...
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