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KCAR posts strong SET debut.
Byline: Ploy Chitsomboon
Dec. 2--Shares of hire purchase company Krungthai Car Rent and Lease posted a strong debut on the Stock Exchange of Thailand, gaining 12 percent from its initial public offering price of 4.4 baht.
The stock opened the day at 4.7 baht, and rose to as high as 4.98 baht before closing at 4.94 on trade worth 672.4 million baht.
Gains came even as the broad SET index continued its week-long decline, ending at 660.95 points, down 6.80, on trade worth 11.8 billion baht.
KCAR listed 250 million shares at one baht par value on the SET, including 50 million new shares issued in its IPO. Seamico Securities was adviser for ...
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Jan. 6--Krungthai Car Rent & Lease, referring to a news report that management had estimated revenue and net profit to have increased in 2005 by 20...
- KCAR eyes 20% growth in revenue.
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Byline: Ploy Chitsomboon Mar. 31--Krungthai Car Rent and Lease (KCAR) forecasts revenue growth of 20 percent this year to 800 million baht, or double the projected growth of the...
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- Newspaper article from: Bangkok Post (Bangkok, Thailand) May 8, 2007 700+ words
Byline: Darana Chudasri May 8--Krungthai Car Rent and Lease (Kcar) expects its market share to increase from 10 percent currently despite the slowing economy and tighter competition...
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- News wire article from: AsiaPulse News December 2, 2005 700+ words
...due to falling oil prices and state controls to keep product prices unchanged. - Shares of hire purchase company Krungthai Car Rent and Lease posted a strong debut on the Stock Exchange of Thailand, gaining 12% from its initial public offering...
- KCAR investing up to B1bn in fleet expansion to stay in the lead.
- Newspaper article from: Bangkok Post (Bangkok, Thailand) November 29, 2005 700+ words
Byline: Santan Santivimolnat Nov. 29--Krungthai Car Rent and Lease Plc (KCAR) will spend up to one billion baht to buy new vehicles next year in a bid to maintain leadership in the industry...
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- News wire article from: AsiaPulse News November 23, 2005 700+ words
...debut on the Stock Exchange of Thailand yesterday with a 38% gain from their initial public offering price. - Krungthai Car Rent & Lease Plc will float 50 million shares at 4.40 baht each in an initial public offering tomorrow and Friday...