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Thai Restaurant, Bakery Chain Seeks Funds for Expansion, Holds Public Offering.
Byline: Nuntawun Polkuamdee
Apr. 3--If S&P Syndicate Plc's public offering of 10 million shares proves successful, it could encourage other small listed firms to follow suit, according to Surat Taesriprasert, a vice-president at Asset Plus Securities.
He said S&P's offering, which includes five million free warrants, would be one of the first by small listed firm since the recession began in 1997.
Paid-up capital of the restaurant and bakery chain will increase to 350 million baht from 300 million after the issue. The company is 69 percent owned by the Sila-on and Raiva families.
The new shares are priced at 21 baht each. Three million ...
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Source: HighBeam Research, Thai Restaurant, Bakery Chain Seeks Funds for Expansion, Holds Public...