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Thai IT Firm to List on Market for Alternative Investment Next Month.
Byline: Nuntawun Polkuamdee
Jun. 6--International Research Corporation, an information technology company, will next month float 13 million new shares at two baht par value each in preparation for a listing on the Market for Alternative Investment.
KGI Securities is its financial adviser for the initial public offering, which will raise paid-up capital to 110 million baht from the present 84 million baht.
Major shareholders Jumrud Sawangsamud and Kangval Kusoltammaratana, which currently hold a 60 percent stake, will see their shareholding fall to 46 percent after the IPO.
Mr Jumrud, chief executive officer of International Research ...
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Source: HighBeam Research, Thai IT Firm to List on Market for Alternative Investment Next Month.