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Thai steel-pipe maker to list in November.
Byline: Nuntawun Polkuamdee
Sep. 7--Pacific Pipe Plc, a producer of steel pipes, plans to float 15.3 million new shares in an initial public offering next month, with a share listing on the stock market to follow in November.
Tisco Securities has been named underwriter and financial adviser. Pricing for the share issue has yet to be announced.
Chavalit Chindavanig, the senior vice-president and head of investment banking at Tisco Securities, said Pacific Pipe had expected to hold its IPO this month, but decided to delay the offering due to high market volatility.
The delay also would give investors more time to familiarise themselves ...
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Source: HighBeam Research, Thai steel-pipe maker to list in November.