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Syrus Securities to float 54m shares in October IPO in Thailand.

Bangkok Post (Bangkok, Thailand)

| October 01, 2004 | COPYRIGHT 2004 Bangkok Post. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

Byline: Nuntawun Polkuamdee

Oct. 1--Syrus Securities plans to float 54 million new shares in an initial public offering from Oct 13-15, with a listing on the Stock Exchange of Thailand set for Oct 27.

Another six million new shares will be offered to company directors and employees. Pricing is expected at 10.4-11.4 baht per share, against a par value of two baht each. Tisco Securities, Kim Eng Securities and Seamico Securities are the lead underwriters for the offering.

The new share issue will raise paid-up capital for Syrus to 350 million baht. Major shareholders after the IPO will include Chatchaval Jiaravanon at 12.8 percent and Anucha ...

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Source: HighBeam Research, Syrus Securities to float 54m shares in October IPO in Thailand.

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