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Mixed fortunes on opening: Global Connections, Preuksa float shares.

Bangkok Post (Bangkok, Thailand)

| December 07, 2005 | COPYRIGHT 2005 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: Ploy Chitsomboon

Dec. 7--Global Connections, a distributor of plastics and petrochemicals, enjoyed a good debut on the Stock Exchange of Thailand yesterday, with its shares closing 2.5 percent above their initial public offering price.

Property developer Preuksa Real Estate closed 0.5 percent below its IPO price, despite the generally positive investment mood on the SET thanks to higher-than-expected third-quarter economic figures. The broad market advanced 2.9 percent yesterday.

Shares of Global Connections (GC) opened the day at 2.54 baht and reached a high of 2.58 before closing at 2.40 in trade worth 119.21 million baht. The company ...

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Source: HighBeam Research, Mixed fortunes on opening: Global Connections, Preuksa float shares.

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