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Firm eyes plant in Lithuania.
Byline: Nuntawun Polkuamdee
Jul. 5--Indorama Polymers, a manufacturer of PET polymers, plans to float 320 million shares at a par value of one baht in its initial public offering later this month.
Another 48 million shares will be reserved for a greenshoe option. SCIB Securities is advising the offering, set for bookbuilding on July 13-14, with pricing to be announced on July 15 and the subscription period set for July 19-21. Shares are expected to be listed on the Stock Exchange of Thailand in early August.
Funds raised from the offering will be used to repay some one billion baht in domestic debt, as well as finance a new factory expansion ...
- Indorama Polymers sets IPO price at B3.75.
- News wire article from: Asia Africa Intelligence Wire July 19, 2005 700+ words
(From Bangkok Post) Indorama Polymers Plc (IRP) has set the price of its initial public offering...Entwicklungsgesllschaft mbH, or DEG, and Indorama Synthetics (India) Ltd. Indorama Polymers, established as IndoPet (Thailand) in 1995, is 56...
- Indorama Polymers stock dips 6% on debut.
- News wire article from: Asia Africa Intelligence Wire August 3, 2005 700+ words
(From Bangkok Post) Indorama Polymers Plc (IRP) made its debut on the Stock Exchange of Thailand yesterday as investors took 6.13% off the value of the initial...
- Indorama Polymers stock dips 6 percent on debut.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) August 3, 2005 700+ words
...Byline: Ploy Chitsomboon Aug. 3--Indorama Polymers Plc (IRP) made its debut on the Stock...one baht apiece. To see more of the Bangkok Post, or to subscribe to the newspaper...bangkokpost.com. Copyright (c) 2005, Bangkok Post, Thailand Distributed by Knight Ridder...
- Thailand: Indorama Polymers raises revenue target.
- News wire article from: Thai Press Reports August 21, 2008 700+ words
Section: Business News - Indorama Polymers (IRP) has raised its revenue target to 43 billion baht...to high prices, robust demand and rising production, the Bangkok Post reports. The company, one of the world's largest polyethylene...
- Thailand: Indorama Polymers reports sharp profit rise.
- News wire article from: Asia Africa Intelligence Wire May 12, 2005 700+ words
...Thai Press Reports) Section: Corporate News - Indorama Polymers Plc has reported a net profit of 484 million baht...for 2004 rose by 84% to 9.3 billion baht, the Bangkok Post reports. Chief executive Anil Lohia attributed...
- Thailand: Indorama Polymers fails to shine at SET debut.
- News wire article from: Asia Africa Intelligence Wire August 5, 2005 700+ words
...Thai Press Reports) Section: Corporate News - Indorama Polymers Plc (IRP) made its debut on the Stock Exchange...75 baht despite the overall market gain, the Bangkok Post reports.On Tuesday, the stock opened at 4.10...
- Thailand: Indorama Polymers forecasts sharply higher revenue.
- News wire article from: Thai Press Reports November 23, 2005 700+ words
...Thai Press Reports) Section: Corporate News - Indorama Polymers Plc (IRP), a leading polyethylene terephthalate...to higher production volume of PET products, the Bangkok Post reports. Anil Lohia, group chief executive officer...
- Thailand: Indorama Polymers expects higher gross margin in Q2.
- News wire article from: Thai Press Reports May 17, 2006 700+ words
...Press Reports) Section: Corporate News - Indorama Polymers Plc expects its gross profit margin to rise...year due to effective cost management, the Bangkok Post reports. The country's largest producer...
- Thailand: - Indorama Polymers sets revenue growth target.
- News wire article from: Thai Press Reports March 9, 2009 700+ words
Section: Business News - Indorama Polymers Plc (IRP), Thailand's largest polyethylene terephthalate...in the United States starts up in the second quarter, the Bangkok Post reports. The SET-listed company is set to invest another...
- Thailand: Indorama Polymers plans to increase revenue.
- News wire article from: Thai Press Reports March 3, 2006 700+ words
...Thai Press Reports) Section: Corporate News - Indorama Polymers Plc (IRP), the country's largest PET polymer...which 400 million baht would go to Thailand, the Bangkok Post reports. "We should see a 50% growth in revenue...
Source: HighBeam Research, Firm eyes plant in Lithuania.